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China's total retail sales of consumer goods reached 29.7 trillion yuan in the first 10 months of last year, up by 10.3 percent year-on-year, according to official data. Consumption expenditure during that period contributed about 64.5 percent of economic growth.

China's ride-hailing giant Didi Chuxing said the government's latest move will offer broader room for developing new businesses.

China's top court issued a guideline on Wednesday to increase judicial protection and improve the quality of legal services in solving disputes related to the Xiong'an New Area.

China's stock market rose for the third consecutive day on Friday, appearing to be unaffected by the sharp market volatility in the United States amid investor fears about a global recession and uncertainties over Sino-US trade tension.

China's steel output is estimated to exceed 1 billion metric tons in 2020, increasing 3 percent to 5 percent year–on-year, while the industry's ultra-low carbon emission upgrading has registered better-than-expected achievements, according to China Iron and Steel Association on Monday.