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China's economy generally maintained steady and sound growth in May, along with supply-side structural reform and innovation-driven development. Economic indicators like supply and demand, employment, consumer price, and profit of enterprises showed positive signs, and the economic development was also more balanced and stable.

China's consumer inflation eased to a 14-month low of 2.4 percent in May due to the resumption of production and transportation of fresh agricultural products, adequate supply of fresh vegetables and the improving pig production.

China's new energy vehicle market had maintained growth, with sales totaling 947,000 from January to October, up 10.1 percent. But their sales have fallen month-on-month since July due to subsidy cuts.

China's largest internet security company 360 Security Technology Inc unveiled two new smartphones on Tuesday as part of its efforts to offer more affordable phones in the country's cooling handset market.

China's national observatory Wednesday continued a yellow alert for snowstorms in the central regions Wednesday and Thursday.