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The service is part of the company's expanding logistics and supply chain network in cities along the Belt and Road, it said.

The scalpers, who flew to Shanghai from across the country, were selling fast passes for park rides for about 100 yuan () to tourists unwilling to wait up to three hours in line.

The sector's profits totaled 431.7 billion yuan (about billion) in 2018, up 43 percent from a year ago, according to the National Development and Reform Commission.

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The sharing economy will grow at an average annual rate of 40 percent over the next few years and will account for more than 10 percent of the country's GDP by 2020, the center predicted.

The sector accounted for more than half of the Chinese economy last year.

The site's gross merchandise volume skyrocketed by 114 percent year-on-year, the company said.

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The shared workspace ofUcommune in China. [Photo/ucommune.com]

The scaling back of its US ambitions came less than a year after Ofo launched its business in the world's largest economy. Earlier this month, the four-year-old startup said it was pulling its bikes out of Chicago, as the city raised the regulatory hurdles for the company's type of dockless shared bikes.

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The savory yam pudding is most often made and served for the long Spring Festival holidays.

The situation on the Korean Peninsula is highly sensitive and complex. China has remained firmly committed to denuclearization, to the maintenance of peace and stability on the Peninsula and in the region and to resolution through dialogue and consultation. Past experience has shown that this is the responsible approach to take. Protracted conflict in Syria has been a source of concern. The international community should respect the choice of development path made by the Syrian people and work for the early political settlement of the issue. Terrorism is a common enemy to all mankind, and both China and Europe have suffered enormously from this scourge. Terrorism in whatever form must be combated with full resolve.