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It currently has a market value of 61 billion dollars, and at a share price of 420 dollars, the company would be worth around .6 billion.

It added that after the process to select winners for the awards concludes in late August, the preliminary results will be released online to solicit public opinion.

It delivered 61,664 cars in September, up 12.9 percent from the same month in 2018, and 525,890 units from January to September, an increase of 5 percent year-on-year.

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It has detailed information on "how to get residential certificates, driver's licenses and things like that," he said. "We can leave messages to ask questions online directly and get answers fast."

It extends loans based on customer risk assessment that is determined by big data analysis. By circumventing human involvement, the cost of issuing one loan is thus slashed from 2,000 yuan (8) to just 2.3 yuan, said Huang.

It calls for efforts to accelerate the establishment of a modern financial system that is in line with requirements for comprehensively deepening reforms, as well as a budget system that is standardized, transparent, scientific and with effective rates of compliance.

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It added that new products will also soon be entering Chinese market, with 60 percent of the line-up being refreshed or new by the end of 2019.

It came after days of controversy surrounding the Justice Department's decision to lessen the sentence after the president tweeted about his displeasure with the gravity of the original sentence recommendation.

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It also called for stronger efforts to break barriers hindering the development of market entities and to create more jobs. Employment in labor-intensive sectors must be closely monitored, and an early warning mechanism for large-scale layoffs and unemployment risks will be established.

It also plans to tap into the social e-commerce sector, which is currently in its testing phase.