The monthly tally was partly spurred by the fact that many companies rushed to complete orders before the weeklong Spring Festival, which fell earlier than usual this year, said Wen Bin, chief researcher at China Minsheng Bank.
The move comes a year after Amazon increased the threshold to per order, and a few weeks after Walmart introduced its new minimum order policy for free shipping. Amazon made the change quietly, updating a support page with the new number, as first spotted by The Verge.
The move has made Volkswagen the first international brand to have three carmaking partnerships in China, but it has an even greater meaning for China's fast-changing automotive landscape.
The nation's new loans and the broad measure of money supply or M2 fell to a record-low in October as lenders tightened mortgage lending and corporates stayed away from bank loans, amid an overall clampdown on shadow lending activities.
The move aims to further improve the city's capacity to cope with fires, floods and other disasters. An advanced network of emergency shelters in all neighborhoods and townships will also be built by 2020, according to the plan issued recently.
The model is achieved through internet of things technologies, which are applied to connect users' phones to employees and farming facilities, including temperature control and water tubes.
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The model has a maximum output of 155 kW and a peak torque of 400 Nm. Its acceleration from zero to 100 km/h takes 7.7 seconds.
The money is used to support the foundation's digitalization program and help more than 300,000 students from kindergarten to middle school in less-developed areas find a way out of poverty.
The move is in line with the US banking group's global strategy of expanding the proportion of its consumer banking business, which is the key segment that is driving higher returns for other major banks including JP Morgan and Bank of America.
The mobile medical teams will visit local hospitals, grassroots clinics, temples and social welfare institutes to provide a range of services, including diagnosis and treatment of various diseases, and to help train local medical workers, according to Jin Dapeng, vice-president of the Chinese Medical Association.