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While the Deloitte report signals great potential for Walmart, the company also cannot afford to ignore its findings. Its hold on the physical retail market has helped the company weather tough competition from Amazon and others, but also faces a growing threat from others who are blending the digital and physical worlds, with smartphone-powered robotic shopping startup?Hointer?providing just one example.

While traditional sectors such as oil and coal also reported rising earnings, most notable were the increasing contributions by new sectors such as electronic equipment and medical services, said Li Jin, chief researcher with the China Enterprise Research Institute.

While praising the development of China's grain industry, Zhang said the industry still faces challenges, including an incomplete legal system and a shortage of supervisory officials below the State level with the necessary knowledge.

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While the overall return on investment for insurance funds remained steady, the size of the insurance sector grew at a double-digit pace. At the end of June, the insurance sector's total assets amounted to 19.5 trillion yuan (.77 trillion), while the balance of utilized insurance funds reached 17.4 trillion yuan. Both figures increased by more than 10 percent year-on-year, according to data released by the Insurance Asset Management Association of China on Thursday.

While business had already fallen 70 percent because of the troubles in Hong Kong, the company was brought to a standstill by the epidemic.

While the Chinese economy is on a steady path of recovery, the NBS warned on Tuesday that uncertainties remain as sub-indexes for new export and import orders were still in contraction territory, below 50, despite the rebound in the past two months.

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While betting big on domestic clean tech innovation, China is also actively seeking global expertise in the field while sharing its wisdom with the world.

While the anti-crisis monetary measures have been indispensable for stabilizing the economy and employment, they may also have side-effects like increased debt and nonperforming loans, Li said.

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While mood swings prevailed inside, outside the convention a protest led by the Mining Injustice Solidarity Network sparked unprecedented chaos on the opening day at the convention's entrances, where activists were asking people to "rise up against the extractive industry's violence, ongoing colonization, and complete disregard for the future of life on this planet", as the group's Twitter feed put it.

While most elderly people in China still rely on their neighborhood markets, the tech-savvy younger generation, particularly those born in the 1980s and 1990s, prefer online grocery shopping.