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It marks the third announced fulfillment center in California for Amazon, which opened its first facility in San Bernardino just three months ago. Another facility in Patterson is set to open this summer.

It is also reflected by the China Passenger Vehicle Market Price Index released in March by CAAM, which showed a downward turn in vehicle prices last year and in January this year.

It is expected that the annual growth rate of Youngme will be 30 percent in the next few years. It will contribute more than 10 percent to Laiyifen's total annual sales.

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It is normal for the Chinese auto industry to return to rationality and stability, and the smooth growth was sufficient for the sector's healthy and ordered development and good for car manufacturers to improve the quality of their vehicles and enhance their competitiveness, Shi added.

It is estimated that 1.25 million people were living with HIV in China by the end of last year, though about 30 percent of them were not diagnosed and therefore unaware they had the virus, according to the National Health Commission.

It is the first time the company has appointed a CEO for its business in China, as the country has become increasingly important to EF's business.

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It is critical for people in leadership positions to understand the relationship between AI and the Fourth Industrial Revolution, the role of the digital economy and how technologies can be integrated into the manufacturing sector, all of which are properly addressed in the book and relevant lectures, said Ni Guangnan, an academician at the Chinese Academy of Engineering.

It is time for the US to stop adopting hegemonic measures to intimidate others in area of global trade, she said at a news briefing in Beijing.

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It is very difficult for niche smartphone brands that focus on developing some specific functions, such as beauty enhancing and gaming, to survive in the highly competitive Chinese smartphone market, and they are expected to seek strategic cooperation with large vendors, experts said.

It is estimated that there will be around 500 LNG carriers worldwide by the end of this year and the number will jump to 600 by 2022.