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The consultancy forecast that China's online education market is poised to grow 20 percent annually to reach 270 billion yuan (.8 billion) by 2019, more than one-fifth of the projected global total.

The contract was inked Sunday between Algerian Maritime Transport Company and a Chinese consortium of Guangzhou Shipyard International and CSTC, for the construction of a new ferry with a capacity of 1,800 passengers and 600 vehicles.

The convenience store chain has rolled out new flavors by seasons and occasions to lure consumers to challenge their conventional ideas."The overwhelming response from the market has extended the new autumn flavors," Xue said.

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The countries involved have devised a clear roadmap and timetable over negotiations on the Code of Conduct in the South China Sea, he said.

The consensus was reached during the talks between Xi and Macron at the Elysee Palace in Paris.

The concept of voluntary work was almost unknown on the mainland four decades ago, when China embraced reforms and a market economy.

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The countdown has begun for it to emerge as the country's biggest free trade port by 2035.

The consumer price index (CPI), a main gauge of inflation, is expected to increase 1.4 percent year on year this month, retreating slightly from the 1.5-percent expansion registered in both June and May, the research note said.

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The country has picked a group of 31 SOEs, run by regional authorities or the central government, for the third round of mixed-ownership reform, according to the National Development and Reform Commission.

The concept of time-honored brands was first proposed in the 1990s by the Ministry of Commerce and was first launched in 2006. While there is no clear definition as to how much history a brand should have in order to carry the title, the ministry noted that a brand must at least reflect Chinese heritage and cultural traditions.