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The move suggests regulators are likely to fine-tune monetary policy to stabilize the economy in the future, despite an unchanged prudent monetary policy stance, analysts said.

The move is part of Huawei's broader push to increase the applications of its in-house research and development capabilities amid the US government's restrictions on the company.

The most recent deal was Chinese aviation major HNA's acquisition of Singapore's logistics provider CWT Ltd whose major assets are located in B&R economies.

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The move will be carried out in partnership with Huadian Fuxin Energy Limited Company, Zhejiang Zheneng Electric Power Co Ltd, Shenhua Group and Jointo Energy Investment Co Ltd Hebei, the CNNP said in a statement with the Shanghai Stock Exchange.

The move is the latest development of China's ongoing reform of the auto insurance market, which was initiated by the regulator in 2015. The limit on the discount rate was 70 percent prior to the reform.

The move, coming on the heels of a 3.2-percent Q2 GDP growth, is expected to shore up weak links in the country's vast rural areas, especially in the western region where the urbanization drive is still laden with much leeway.

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The most criticized aspect of the internet-based car hailing service was the attempt to make it sociable-for the car owner to fall in love with the passenger, as indicated on its poster, even though the app was originally designed simply as a transportation tool.

The move is to introduce outside investors who possess industrial background and business resources to optimize the ownership structure of TCL Communication and accelerate its transformation, according to the company.

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The move coincides with its intensified efforts to commercialize fifth-generation mobile communication technology, which will promote the integration of cloud and network technologies.

The most urgent tasks for improving legislation related to the capital market include revision of the Company Law and the Securities Law. Such efforts will pave the way for future moves to open the door wider to foreign market participants, Jiao said.