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Zhen said the economy still faces downward pressure, so some middle-class consumers in large cities, who have mortgages and other commitments, might lower their expectations for future earnings, or not have much disposable income. As a result, they would watch their spending more carefully.

Zhejiang is home to many of China's most successful private businesses, which accounted for nearly two-thirds of the provincial economy in 2017.

Zhong Hua, 45, who works at a power plant in Jilin, Jilin province, has been flying with Li for nearly eight years.

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Zhao Hongjing, spokesperson of CFLD International, said: "We are very pleased with the project progress and with the momentum of new customers at Karawang. The strong, positive response to our New Industry Cities, both here and elsewhere by our stakeholders speaks to the differentiated business model at CFLD and our ability to deliver win-win outcomes for all. Through our unique integration of work-live-play with the express focus on developing industry, companies can optimize operational efficiencies and business growth. At the same time, this will catalyze the local economy and benefit communities."

Zheng Wen, director-general of the ministry's department of circulation industry development, said online sales have become an important engine to stimulate domestic spending and imports. "Durable consumer goods with high-tech features and branded foreign products have huge commercial potential," Zheng said.

Zhao imports ingredients from southern France and Italy and works with scientists from the Chinese Academy of Sciences to develop her company's own products. The brand promotes the products through its hair salons and now has two branches in Beijing and one in Jinan, Shandong province.

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ZhongAn Online Property and Casualty Insurance Co Ltd Chairman Ou Yaping (left) and Chief Executive Officer Chen Jin attend the debut of the company at the Hong Kong Exchanges. [Photo/Agencies]

Zhang said that after completing its mission, the vessel will continue to provide dredging services in the Middle East, especially for countries along the Belt and Road.

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Zhihu, a Chinese Q&A forum similar to Quora, recently put forward a plan to support its content creators to produce videos aside from text and pictures, and announced 500 million yuan in financial support for the plan. Weibo also launched video-sharing units to diversify its product portfolio. "Video platforms will play a larger role in people's lives. Not only will they provide audiences with better quality content, but also have more functions like livestreaming e-commerce, socializing and even education. The outlook of the audiovisual market is huge," said Wei of the Central University of Finance and Economics.

Zhongshan county in Hezhou, South China's Guangxi Zhuang autonomous region, has taken a series of measures to help impoverished people move to new houses with ease.