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Xiao said one of the problems of China's used car market is a large supply stock, but small trading volume and low trading efficiency. The CADA hopes to promote used car auction events, to improve the efficiency of the businesses. At the 2019 China Used Car Assembly, the association also hosted auctions.

Xiaodu, Baidu's smart speaker, is promoted during an intelligent manufacturing forum in Guangzhou. [Photo provided to China Daily]

Xinhua said frozen meat was generally smuggled from countries such as the United States, Brazil, Australia and India and sold to restaurants and barbecue stalls.

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Xu Dexiang, general manager of China Unicom Vision Technology, a company engaged in 5G online video live broadcast and in virtual reality, said the company would invest 100 million yuan to set up a regional center in the city.

Xiao noted baijiu is also in a position to penetrate overseas markets, but as opposed to strategies for international spirits producers, baijiu makers should prioritize brands rather than the product category.

Xiongan New Area in North China's Hebei province turned one year old on Sunday.

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Xu Zhong, former director of the PBOC Research Bureau, said, "If we introduce the digital currency into the 'commercial paper chain', we will be able to supervise the direction of capital flows in real time, or create new business models based on real-time financing."

Xiaomi Corp Vice-President Lu Weibing, who is in charge of the Redmi business, introduces the Redmi Note 8 smartphone on Thursday in Beijing. [Photo provided to China Daily]

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Xiamen Airlines' passenger airplanes are seen at Fuzhou Changle International Airport in Fuzhou, Fujian province, on March 21, 2018. [Photo provided to China Daily]

Xu Biao, chief strategist of TF Securities, said that a relatively higher threshold should be set for the return of the T+0 settlement. The mechanism can be first tested among the index constituent companies with higher market value and lower price earnings ratio. Such attempts can help to evade aggregated market risks, he said.