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Liu Yuanju, a researcher with nonprofit research organization the Shanghai Institute of Finance and Law, said that the Chinese are not enjoying high-quality holidays or paid vacations.

Lion Dairy and Drinks forms part of the broader Lion Group - a leading beverage and food company with a portfolio that includes many of Australasia's favorite brands in beer, wine and dairy products.

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Liu said she received a phone call claiming to be an investment consulting company which could recommend stocks for her for free. The victim then joined a group chat on China's social media platform WeChat and a live-streaming room where so-called experts regularly recommended promising stocks and futures.

Liu added the revenue from technology services will be bigger than the company's overall revenue in the next five years. "We believe the technology services revenue will be the key engine for the increase of our revenues and net income."

Liu Feng, director of the Research Center for Free Trade Port with Chinese Characteristics of Hainan Normal University, said that the zero tariff list will help enhance the competitiveness of Hainan's enterprises engaged in cargo and services trade, improve the efficiency of aviation maintenance and leasing, and enhance shipping services.

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Liu Junwei, senior analyst at Everbright Securities, said that the ETFs in Japan will help to diversify risks as there were limited products targeting the Japanese market at present. Meanwhile, Japan's economy has moderately rebounded recently and the central bank's bulk investment will help to stabilize the products' performance to some extent. As the Japanese ETF market is complete, there will be plenty room for trading.

Liu Zili, former general manager of Kweichow Moutai Co Ltd was expelled from the Communist Party of China for seriously violating discipline, according to the anti-graft agency in Guizhou province on Tuesday.

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Liu Wei, deputy head of Wuyi County, said the chicken farm benefited poor villagers while bringing profits for big business. The farm has helped lift more than 400 households out of poverty in the county since March 2016, and will be expanded this year, with facilities to cater for tourists.

Liu Hualong, chairman of China Railway Rolling Stock Corp Ltd, said the country's top railway vehicle maker will deliver the first group of metro cars to Istanbul from its manufacturing facility in Turkey in the second half of this year.