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By the end of June, all provincial-level power grids had completed the power transmission and distribution pricing system reform, which aims to remove official interference in price determination and grant the market a decisive role, said Zhang Manying, an official with the National Development and Reform Commission (NDRC).

CHANGSHA - A Chinese rail maker announced on Friday that it has developed a type of smart bus to tap China's lucrative urban transit market.

By last year the project had received donations totaling more than 15 billion yuan and had helped nearly 6 million students in need.

By issuing this type of bonds, banks will serve as bridges between small businesses and capital markets, further expand the sources of funding for micro and small enterprises, and improve diversified mechanisms for small business financing, bankers and analysts said.

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.