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By the end of September 2018, Alibaba's market value hit 0 billion, making it the most valuable company born in China and one of the largest 10 companies in the world. The value of Ant Financial shot over 0 billion.

CFO Tom Szkutak spoke on a conference call shortly after the earnings were released and said the losses can be attributed to investments in new geographical locations, new fulfillment centers and the Kindle business.

By introducing the five major development concepts and highlighting supply-side structural reform, China has chosen the correct path in improving its growth quality, while benefiting the world, according to Guo Shengxiang, dean of the Academy of APEC Creative Finance, an Australian think tank.

By working with US partners, Birtley has completed more than 10 projects related to industrial hazardous waste treatment in China so far, covering solid, water and gas waste treatment, Zhao said.

By the end of July, about 1,707 mu (about 113.8 hectares) of polluted waters along the Yellow River had been cleaned up, 808,000 square meters of illegal construction dismantled and 1.39 million tonnes of household and construction waste removed from the river.