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In July, the CIRC said the whole sector would put risk control in a more important position.

In H1, the region strengthened infrastructure construction in the poverty-stricken area in south Xinjiang. So far, construction on key projects, including a water conservancy project on the Yurungkax River in Hotan Prefecture and a power grid project, has started. In addition, a power network transmission and transformation project in the prefecture which went into operation in late June has efficiently improved the power supply shortage in the area.

In December 2015, Japan's Panasonic Corp announced plans to establish a lithium battery factory in Dalian, Northeast China's Liaoning province. The factory officially started delivery of its products in March 2018.

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In China alone, a total of 8.74 million fresh graduates will be looking for jobs this year, a number which has surged a record high 40 percent year-on-year. But they might face a tough time due to the economic uncertainties caused by the pandemic globally.

In June, CRRC Zhuzhou Locomotive Co, a subsidiary of China Railway Rolling Stock Corp, developed a "smart bus"－the Autonomous Rail Rapid Transit, or ART, which is about 30 meters long and equipped with sensors that can read the dimensions of roads and plan its route. It has a maximum speed of 70 kilometers per hour.

In China, e-commerce companies are experimenting with omnichannel solutions by offering warehouse-to-home and stores-to-home deliveries through partnerships and investments in offline supermarkets.

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In H1, the operating profit of the industry snapped the sharp slump in Q1, rising by 2.8 percent year-on-year to 52.2 billion yuan.

In January, Guangzhou Customs provided valuable information to its Malaysian counterparts, resulting in the seizure by Malaysian customs officers of more than 60 kilograms of rhinoceros horns, he added.

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In Canada, Prime Minister Justin Trudeau will be in isolation for two weeks after his wife Sophie tested positive for the novel coronavirus on Thursday. The outbreak has also prompted the province of Ontario to close schools to contain the spread.

In Friday's interbank market, the overnight Shanghai Interbank Offered Rate (Shibor), which measures the cost at which Chinese banks lend to one another, climbed slightly to 2.84 percent. The Shibor for one-month loans rose 0.62 basis point to 3.86 percent.