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China has 768 mln online payment users: report

The number of online payment users in China had reached 768 million as of March this year, up by 168 million from the end of 2018, according to a report on China's int

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China's mobile game market posts strong performance in Q1 amid epidemic

China's mobile game sector posted robust growth of over 49 percent in the first quarter of 2020, a report said. The revenue of the online game market reached nearly 55

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News Analysis: Recovering mainland market offers hope for Hong Kong exports

Hong Kong's goods exports posted lackluster performance in March as the COVID-19 pandemic continued to impact global trade, but a recovering Chinese mainland market of

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China's agriculture sector withstands COVID-19 epidemic

China's agriculture sector logged robust performance in the first quarter of the year despite the impact of the COVID-19 epidemic, an official said here Tuesday. Wei B

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Chinese tourists visiting Hungary top 270,000 in 2019: official

The people to people exchange between China and Hungary is becoming more and more frequent and the number of Chinese tourists visiting Hungary exceeded 270,000 in 2019,

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China's e-content reading market value tops 28 bln yuan: white paper

The e-content reading market value in China had grown to 28.88 billion yuan (about 4.13 billion U.S. dollars) by 2019, marking a year-on-year growth of 13.5 percent, a

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Experts urge efforts to cushion coronavirus blows on tourism

Experts called for efforts to mitigate both the short-term and long-term impacts of the coronavirus epidemic on tourism in a recent report reviewing China's tourism in

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China, Russia trade up by 3.4 pct year-on-year in Q1 despite pandemic

Manzhouli, a border city with Russia, north China's Inner Mongolia Autonomous Region. /VCGThe trade volume between China and Russia rose 3.4 percent year-on-year in the

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China to severely punish use of minors in organized crime

China on Thursday made public a set of guidelines on severe punishments for mafia-like organizations and criminal groups that use minors to commit crimes in an attempt

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China's Shangdong reports trade growth with B&R countries in Q1

East China's Shandong Province reported a 12-percent year-on-year growth in trade with Belt and Road countries in the first quarter, despite a slight drop in overall f

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Spotlight: U.S. oil prices plunge to negative territory on dual demand-supply shock

The soon-to-expire May contract for the U.S. oil benchmark went into a free fall to finish deeply in negative territory on Monday, as the energy market continued to re

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U.S. oil price turns negative for first time in history

U.S. oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears. The West Texas

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Hong Kong jobless rate hits over-9-yr high, relief measures strengthened to help workers

Tour guide Tony Tong has only worked for three days since the Spring Festival in January this year. "I expected business to recover as violent incidents subsided. Howe

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Hong Kong's unemployment rate soars to 4.2 pct, highest in over 9 years

Hong Kong's seasonally adjusted unemployment rate increased from 3.7 percent in the period of December 2019 to February 2020 to 4.2 percent in the period of January to

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Experts share views on China's economy contracting 6.8%

Editor's note: COVID-19: Economic Analysis is a series of articles comprising experts' views on developing micro and macroeconomic situations around the globe amid the

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China's Q1 industrial output falls 8.4 pct as virus hurts activities

China's value-added industrial output, an important economic indicator, fell 8.4 percent in the first quarter (Q1) of this year, as the novel coronavirus outbreak deal

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China's Sichuan posts 10.7 pct increase in foreign trade in Q1

The foreign trade volume of southwest China's Sichuan Province rose 10.7 percent to 159.04 billion yuan (about 22.49 billion U.S. dollars) in the first quarter of the