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The moves are targeted at introducing marketing and sales strategies more adapted to local conditions, better utilization of data to attract and retain customers, a greater emphasis on the used car business, the Beijing Mercedes-Benz Sales Service Co Ltd said in a statement on Friday.

The move comes as a 7-Eleven store in Higashiosaka, Osaka prefecture faces a penalty of 17 million yen (3,000) and the threat of loss of its franchise contract because the owner shut down from 1 am to 6 am when he couldn't hire staff.

The move came after FAW Group Corp, Dongfeng Motor Corp and Chongqing Changan Automobile Co signed a strategic deal last December to develop technologies, optimize full-value chain operation, expand global markets and devise sales modes for the sharing economy.

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The move suggests regulators are likely to fine-tune monetary policy to stabilize the economy in the future, despite an unchanged prudent monetary policy stance, analysts said.

The name Youhazi, meaning "a man bringing the hope of making a fortune" in Yi ethnic language, was given by his parents, who expected their son to shake off poverty that has been lingering for generations.

The narrow measure of the money supply (M1), which covers cash in circulation plus demand deposits, stood at 59.12 trillion yuan by the end of July, up 6.9 percent from a year ago.

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The mother and rescue staff also transferred oxygen, drinking water and food into the well to keep him alive.

The murder case of a Chinese student killed in Japan last year has attracted wide attention online as the case is set to be heard in Japan next month.

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The move is part of the State-owned enterprise's efforts to promote corporate social responsibility among its peers in the nation, as most rural parents seeking jobs in the cities have taken urban construction jobs.

The nation will raise its overall level of imports and reduce import tariffs on some products to promote more balanced trade, it said.