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The gross profit margin of the group was 28.5 percent, representing an increase of 13.9 percentage points as compared to the gross profit margin of 14.6 percent of the full year of 2016. Profit attributable to equity holders of the company increased to 2.3 million yuan.

The headline purchasing managers index of the manufacturing sector, which gauges the growth momentum of factory activity in China, slipped to 49.3 last month from 49.8 in September, registering the sixth straight month of contraction, the National Bureau of Statistics said on Thursday.

The government work report this year stated that China would continue to cut overcapacity in bloated sectors, with targets to slash steel production capacity by around 50 million tons and coal by at least 150 million tons this year.

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The group includes the Anti-Defamation League, NAACP, Sleeping Giants, Color of Change, Free Press and Common Sense. It urged companies to "pause advertising" on the social networking website for the month of July.

The governor once again called on the federal government to provide funding to hard-hit states like New York, which needs hundreds of billions of US dollars to fill its budget hole.

The hearing Wednesday reflects growing scrutiny of Silicon Valley by Washington, D.C. Big tech companies have been in the political crosshairs over the past year for a range of scandals, including high-profile data leaks, misinformation and harassment, and their role in foreign election interference. President Donald Trump has specifically targeted Amazon on numerous occasions, claiming the company exploits the U.S. Postal Service and uses the newspaper its CEO owns to push a political agenda.

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The governments of three of China's most populous cities have been told they provided inadequate pollution controls and failed to meet some "green" targets, according to the results of top-level inspections.

The guidelines, first released as a draft last November, marked a key step to standardizing the country's fast-growing asset management industry, analysts said.

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The high-tech push is expected to be accelerated now that the nation kicked off the 5G era last month.

The guideline is also in line with Premier Li Keqiang's pledge to prevent and defuse the risks of local debt in his Government Work Report delivered in March, he said.