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The purchase of the Marshall Cavendish titles is yet another sign of how serious Amazon.com has become about publishing book titles on its own, creating some fear among traditional publishers.

The reading was the highest in the last three months and among the quickest recorded over the past decade, said the report.

The reductions were approved at a State Council executive meeting, presided over by Premier Li Keqiang on Wednesday, effective on July 1. The move will boost opening-up, benefit domestic consumers and enhance industrial transformation, a statement released after the meeting said.

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The recovering global economy is helping boost the island's exports despite lackluster investment growth as fixed asset investment is expected to expand about 1.41 percent in 2017, continuing a downward trend for a third straight year.

The quarterly numbers, beating JPMorgan Chase & Co's forecast of 1.7 billion yuan, come as Xiaomi reported a first-quarter net loss of 7 billion yuan ahead of its blockbuster IPO in June.

The purchase would be worth several hundred million dollars including transport costs, Kyodo said.

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The rapid growth of the express industry in China is amazing and remarkable. In the past 34 years, FedEx has benefited from China's rapid economic growth and open policies.

The rapid economic development of second-tier cities was the main factor attracting fresh graduates, said Su Hainan, vice president of the China Association for Labor Studies.

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The quake registered between 1 and 4 on the seismic scale in northeastern parts of Hokkaido, Japan's northernmost prefecture, but the JMA has not issued a tsunami warning or advisory.

The proposals will be reviewed by a panel before a total of 10 designs are shortlisted.