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The Tmall site smashed the 10 billion yuan (.44 billion) threshold in just two minutes and five seconds during last year's carnival, trimming roughly one-third of the time needed to hit that mark the previous year.

The Survey on Young Chinese, conducted in mid-November to mark the 40th anniversary of reform and opening-up, says only 0.6 percent think the country is getting worse, down from 1.2 percent 20 years ago.

The Sichuan-based company on Tuesday signed a framework agreement with Beijing-based Third Cities Investment Group Co for financial support to further develop in the overseas and domestic markets.

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The Swiss expatriate, 50, was looking for opportunities in the financial consultancy field in Hong Kong three years ago. He was attracted by its stable environment and business opportunities but found himself unexpectedly dragged into the chaos last year and faced real threats to his safety.

The Shanghai Composite Index surged to 3,410 points in the morning and closed the day with a 0.76 percent gain to 3374.38 points. The Shenzhen Component Index rose by 1.6 percent, and the ChiNext startup index climbed by 1.22 percent.

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The St. Louis Federal Reserve believes as many as 47 million people will lose their jobs as the economy stalls due to the coronavirus. That would push the unemployment rate to 32 percent from 3.5 percent prior to the pandemic. Most forecasts are not that severe.

The Tianjin facility, which has been in operation for 12 years, has helped Airbus increase its market share in the country and steal a march over its US rival Boeing Co. In addition, Airbus has A320 family production facilities globally in Toulouse of France, Hamburg of Germany, and Mobile, Alabama of the United States.

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The Silicon Valley company has weathered a challenging few months, marked by a sharp drop in the number of vehicles delivered to global customers during the quarter and a public spat between Musk and financial regulators.

The Story of China's Reform and Opening-Up, a five-episode documentary directed by a British historian, aired on the BBC and on China's video platform Tencent, where it became an online hit.