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Rooms, owners, environment, transportation as well as supporting facilities are what tourists paid the most attention to when choosing homestays, according to the report by Beijing International Studies University. Since homestays are non-standard accommodation facilities, most homestay hotels are incomplete in services other than accommodation.

Right now, the industry's problems, with output falling for two years in a row, help explain the severe slowdown in oil consumption growth since the middle of 2018. Japan's vehicle production was up by 3 percent in the first five months of the year compared with the same period a year earlier.

Riechers said the Chinese headphone market has evolved rapidly in the past 20 years, and that consumers prefer to buy things online.

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Revenues of Pintec are derived from three parts: technical service fees, installment fees and wealth management service fees.

Robert Kuhn, a renowned China expert and chairman of The Kuhn Foundation, said in a recent interview that no other country has brought so many people out of poverty, and did so in such a short period of time. China believes its poverty-alleviation experience can help, he said.

Return shipping insurance and travel accident insurance were among the most popular property insurance products last year, while more consumers bought insurance products via mobile terminals such as apps and third-party platforms, rather than insurers' official websites.

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Royce believed that "the Chinese government is engaged in a long-term process of catching up to Europe, the United States, and Russia in commercial aircraft. This is one step in that direction."

Rio Tinto has been expanding its business buying from China. In the past ten years, we have purchased more than billion in goods and services from the country for use in our global operations.

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Revenues from its smartphone segment stood at 27 billion yuan, a rise of 16.2 percent from the same period last year.

Ri Son-gwon, chairman of the Committee for the Peaceful Reunification of the Fatherland, led the DPRK delegation.