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President Xi has set a "clear direction" through a host of "landmark measures" that drive toward deepened reforms and help fulfill China's responsibility as a global leader, said Denis Depoux, chief executive of global consultancy Roland Berger in China.

Profitability of retail enterprises improved in 2017 with operating profits of surveyed enterprises rising 8 percent year-on-year, up 6.5 percentage points from 2016.

President Xi Jinping, also general secretary of the Communist Party of China Central Committee, listens to poverty-alleviation work about relocation of residents from poor areas as he visits Huopu village of Jiefang township in Zhaojue county of Liangshan Yi autonomous prefecture, Southwest China's Sichuan province, Feb 11, 2018. Xi made an inspection tour in Sichuan Province on Feb 11. [Photo/Xinhua]

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Profits of industrial businesses fell by 2.1 percent in the January-November period, according to the National Bureau of Statistics, while industrial output growth also fell by 0.7 percentage points to 5.6 percent.

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Profound: China's economic structure is undergoing all-faceted transformation and the country has a long-term vision to drive sustainable growth.

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Production capacity and supplies of core components will be major concerns for us. In this regard, we have been making great efforts to expand production capacity by optimizing our current manufacturing lines and building more factories. We have started construction of new plants in the Xinjiang Uygur autonomous region, as well as Zhejiang and Hubei provinces. We have also signed agreements with key international suppliers during this year's Shanghai auto show.

Pronkina Olga, a former teacher at Lanzhou City University, has lived in China for 11 years. Olga, who is from Russia, has been sharing her experience with overseas students.[Photo provided to China Daily]

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Promoting intelligent strategy will be one of the company's main tasks over the long term, he said.

Promoting the efficiency of high-speed rail operations and allowing passengers to enjoy more of the benefits of development are good ways to strengthen supply-side structural reform, the railway authority said.