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Ni added although the technology industry is rapidly expanding under favorable policies, internet and mobile internet are still the attractive sectors in the TMT industry. Internet finance, internet-based education, fragmented entertainment and content sharing were hotly pursued by investors.

Ng believes that uploading videos is an opportunity to share useful home-workout knowledge amid the COVID-19 pandemic, and offers the industry a way out of its malaise.

New policies within the regulation will offer market guarantees for companies looking to invest or develop a business in China.

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Nims said that he has been been buying in China for more than 40 years, and "we have a very strong relationship".

Nonresidential fixed investment in the first quarter was revised down to an annual rate of 2.3 percent, from the previous estimate of 2.7 percent, the department said. It rose by 5.4 percent in the fourth quarter of 2018.

Nio, once hailed as Tesla of China, failed last month in its attempt to get local government funding. In the first 10 months this year, the startup that has burned through more than billion in four years delivered less than 15,000 vehicles.

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Nineteen of them are being published for the first time, according to the publisher.

No reverse repo became mature Thursday.

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Non-food prices gained 1.8 percent, 0.1 percentage points higher than that in February.

Newspaper printing volume tumbled 55.67 percent in 2017 from 2011, while magazine print volume decreased 29 percent during the same period, according to Zhu Min, vice-president of the Printing Technology Association of China.