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The letter, which was also seen by the Financial Times, reportedly continues: "The advantages are, in our opinion, too great to dismiss on the basis that there are obstacles to overcome. You will find that the Chinese way is to seek solutions, not linger on obstacles and difficulties."

The man surnamed Chen is a local of Xi'an, Shaanxi province. Last July, he used handcuffs to tie two men to his car trunk in a village in Xi'an and drove his car, pulling the duo several hundred meters.

The lender said it will follow through with other application procedures with regulators and submit information disclosures as required by law.

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The market became much more liquid and less volatile through the reform, while illegal trading behavior such as insider trading and market manipulation dropped markedly, according to Wang."Investors began to earn profit from growth in listed firms, rather than only from losses of other investors."

The livestreaming market is booming in China. Data from China Internet Network Information Center show that the industry's user base was 422 million by the end of last year and that for video game content is 224 million, up 50 percent from the numbers in 2016.

The loofah grows fast and in spring it is sowed as soon as the first frosts are over. Before long, its graceful tendrils wind upward, reaching to the warming sun,

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The line is about 480km long and is designed for passenger trains running 120 km per hour and freight trains at 80 km per hour. And the track will shorten the journey between the two cities from 12 to four or five hours.

The local government sent a rescue team.

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The market regulatory administration in Gaoxin district of Xi'an — where the company is located — has opened an investigation of the dealer for suspected quality problems, and has authorized a testing institute to examine this particular car.

The market regulator in Central China's Hunan province has promised zero tolerance for any illegal act in the food and drug sectors, saying it would put people's health and safety first.