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SHENZHEN -- One child died and one person was trapped after a ground collapse in the city of Shenzhen, South China's Guangdong province Saturday.

SANTIAGO－Chilean mining magnate Andronico Luksic Craig believes China is on a decisive path to growth that will also help lift his country's economy.

SHANGHAI -- The Shanghai Tourism Festival opened on Saturday night in the Nanjing Road Walkway, in a bid to boost culture and tourism consumption in autumn.

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SAP

Rural doctor Xiao Li checks the body temperature of a villager in Dananshan village in Luzhou, Sichuan province, on Monday. HE HAIYANG/FOR CHINA DAILY

SEOUL - The sentence on former South Korean President Park Geun-hye was reduced to 20 years in prison on Friday in a retrial of the corruption scandal that led to the impeachment of the former head of state, according to local media.

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SAN FRANCISCO - For companies and investors eyeing China for opportunities, brighter prospects remain ahead even at the current slower growth rate, a senior economic expert said, in reference to China's freshly-released H1 economic report.

SAIC Maxus said it will launch a number of new models this year, including an electric pickup, an electric MPV as well as its fuel cell MPV called G20FC, which will have a driving range of 550 km.

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SHENZHEN - China's leading liquor producer Wuliangye Yibin Co Ltd reported a 31-percent net profit growth in the first half of 2019.

SOEs reform specifically addresses overcapacity, poor corporate governance and low labor productivity that drag down profits.