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The profit growth was supported by rising commodity prices, improved demand and expectations, as well as higher productivity, according to an analysis note from China Merchants Securities (CMS).

The premium arm of French carmaker PSA suffered from poor brand-promotion and broke up with its joint venture partner earlier this year.

The program is NDB's first emergency assistance program in response to an outbreak in one of its member countries and is also NDB's largest loan to date, the bank said.

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The program was jointly launched by China Daily, the University of International Business and Economics in Beijing and Shanghai International Studies University.

The production of household chemicals containing plastic microbeads will be prohibited by the end of this year, and the sale of such products will be barred two years later, it said.

The process of paying taxes is one of the aspects measured by the World Bank to compile its annual ease of "doing business" rankings. China has continually improved its standing insofar as the "paying taxes" score is concerned, on the back of the government's tax and fee cuts campaign.

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The promotion fees which group travel service providers had submitted before the Spring Festival will all be returned. At least three months of fees for using the system of Trip.com will be returned. For the 8,000 physical stores that Trip.com has built all over China, they will be exempted from three months of management fees and their respective annual business target can be deferred by three months.

The private capital markets have also been active in sports-related investment.

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The principle of China in addressing Venezuela issue at the UNSC is that China is committed to safeguarding the principles of the UN Charter and basic norms governing international relations, and promoting peaceful settlement of the issue, Lu said.

The process is all automated, not manual. It’s currently in an early preview with friends and family, with close to 1,000 users. Ballmer said the lag time is currently about 30 minutes, so it’s not yet a substitute for watching a game live. But the Second Spectrum team is working to get that lag down to 30 seconds or less before launching the technology publicly, potentially for the next NBA basketball season.