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Gao said annual profit growth this year might fall within the 15 to 20 percent level.

Fu Lichun, research director of Northeast Securities, said that the launch date of the science and technology innovation board is likely to be announced in the first half of next year, which will promote the upgrading of the country's capital market. It is also likely to boost the stock market strongly, Fu added.

Funds that used to flow into the virtual economy due to high yields are returning to factories that produce tangible goods. New loans in the real economy rose 11.34 percent to 13.84 trillion yuan (.2 trillion) last year.

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GEI is a globally interconnected smart grid with ultra-high voltage grids as its backbone across national boundaries. It serves as an infrastructure platform to develop, transmit and consume clean energy on a massive scale worldwide.

GUIYANG -- Heavy rain and hailstorms battered Southwest China's Guizhou province from Thursday afternoon to Friday morning, according to the provincial meteorological bureau.

GUANGZHOU -- Days after Chinese company Xinbao shipped out a batch of OEM products including coffee machines and ice makers in February, it receives a thanks letter from General Electric Company (GE), praising its on-time delivery.

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GM electric vehicles are eligible for a ,500 tax credit under federal law, but it is not clear how the administration could restrict those credits or if Trump had other subsidies in mind.

Further investigation into the two cases is under way.

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Funeral services are pending.

GM, the biggest of the US automakers, reported a 2.7 percent sales dip in the fourth quarter and a 1.6 percent decline for 2018 despite selling more crossover SUVs.