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This winter's colder weather and strong snow have contributed to the strong Chinese sales of UGG boots, boosting its parent company's financial results.

This year, the country aims to slash steel production capacity by around 50 million tons and coal by at least 150 million tons.

This week Amazon announced plans to make grocery delivery a built-in benefit of Prime membership — no longer charging an extra per month, or 0 per year, for Amazon Fresh delivery on top of the 9 annual Prime fee. The tech giant is also expanding and further integrating Whole Foods into its grocery delivery and pickup service.

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This year marks the 40th anniversary of the beginning of China's reform and opening-up process. Over the past 40 years, and especially since the 18th National Congress of the Communist Party of China in 2012, the CPC has been leading the Chinese people to write an epic chapter in the development of the country and the nation. Great changes have taken place in China, and socialism with Chinese characteristics has entered a new era. From 1978 to 2017, China's average annual GDP growth rate reached 9.5%, raising it up to become the world's second largest economy. China has contributed over 30% to world economic growth since 2012. The country has not only developed its own economy but has benefitted those of many other countries, including Portugal, becoming an important advocate of global opening-up, and acting as a reliable engine for driving global growth. Portugal is ranked fifth in Europe in terms of the amount of Chinese investment that it has attracted. Chinese investment in Portugal has increased rapidly, totaling more than 9 billion euros, which has contributed to the recovery of the Portuguese economy.

This will result in a restructured joint venture, with Brilliance China holding the majority 51 percent stake and Renault holding the remainder.

This week on TLDR, we’re looking back at some of the top stories of 2018 so far. Today’s topic: the biggest Amazon stories of the year.

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This year's star is Byton, an electric car unveiled at CES known as China's Tesla. It is expected to be mass produced and sell at ,000, making it a real competitor to Tesla.

Those leading universities located near the western regions witnessed more graduates heading west. About 46.14 percent of Xi'an Jiaotong University's graduates, 53.22 percent of Lanzhou University's graduates, and as many as 60.57 percent of Sichuan University's graduates selected the western region as the place for their first jobs, according to the report.

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This was Moon's fifth trip to China and the first as ROK president. He expressed his admiration for China's development achievements.

This year's forum, the 11th, had "promoting high-quality economic growth" as one of its themes, and the launch of the new tech board is part of that effort. According to regulations released by the China Securities Regulatory Commission in late January, the new board will mainly focus on six high-tech and strategically important emerging industries: new-age information technology, high-end equipment, new materials, new energy, environmental protection and biomedicine.