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Industry insiders said a better way would be to raise prices gradually over the long run while maintaining short-term stability.

Individuals responsible for fraudulent offerings will face much higher punishments of between 1 million yuan and 10 million yuan, according to the latest draft.

Individual investors accounted for the majority of investors, reaching around 2.42 million, while new institutional investors stood at 3,900.

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Industry analysts said the upgrading of consumer demand and innovations in the tourism industry have extended visiting time and space, making night tourism a new driver of development.

Indian troops crossed into Donglang in mid-June to block Chinese road construction. It has tried to justify the incursion as being in a "tri-junction" between China, India and Bhutan.

Industry observers believe the event is also to fulfill the promise Ma made during his meeting with the then-president-elect Donald Trump in January - that Alibaba could help create 1 million US jobs over five years by enabling small businesses to sell goods on Alibaba's e-commerce platforms.

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Industry insiders said as new energy generation cost keeps declining, there will be much room for cooperation between China and Africa in the sector, which has already seen remarkable progress in recent years.

Industry has been hindered by combo of African swine fever, virus outbreaks

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Initial investigations showed Yang, 54, had a surgery at the hospital, and Feng was the surgeon in charge.

Industry sales in 2018 are estimated to reach million in China alone, almost 10.8 percent of the global total, according to a report from Chinese ed tech firm JMDedu.