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Andrew Miles, president of Sam's Club China, said the club aims to serve middle-and-high-end income families in China, offering seamless online-and-offline services to meet member families' various consumption needs.
Analysts said investment in the environmental industry during the 13th Five-Year Plan period, from 2016 to 2020, is expected to reach 17 trillion yuan. Annual growth rate will reach 20 percent.
Analysts said PetroChina has been recovering from its not-that-ideal performance the previous year as the rally in oil prices bolstered its exploration and production segement.
Analysts said that the CSRC's statement highlighted the encouragement for the greater role of the financial markets to serve the economy, which was emphasized by the top policymakers at the recent National Financial Work Conference.
Analysts estimate that Apple will cut orders to Foxconn by 20 to 30 percent, mainly due to weak demand for the iPhone XR and XS Max. Media also reported Foxconn aimed to cut 20 billion yuan from its expenses this year as it faces a very difficult and competitive year.
