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Last month, the CIRC made new rules to step up scrutiny of outbound investment by insurance funds and ban shareholders of insurance firms from interfering in fund operations.

Last year, retail sales, a main gauge of consumption, rose 9 percent from one year earlier, down from 10.2 percent in 2017. But sales of many kinds of quality products increased remarkably, a clear sign of consumption upgrade.

Last year, the average annual income per capita of Company 4's workers was 65,000 yuan, a 30 percent increase year-on-year, according to Zhang.

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Last year, Lotte Shopping picked Goldman Sachs to manage the sale of its Lotte Mart stores in China.

Last year, premiums raised through insurance brokers was 69.4 billion yuan, or 2.2 percent of the total premium income of 3.1 trillion yuan, according to the China Insurance Regulatory Commission.

Last year alone, 1,577 pets－822 dogs and 755 cats－entered Shanghai from overseas, customs data show.

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Last month, JD announced it will invest 536.6 million yuan for a 33.3 percent stake in global insurance giant Allianz SE's China unit, furthering its push into the financial sector.

Last year, a 13-year-old boy in Dalian, Liaoning province, confessed to killing a 10-year-old girl. That followed another case in which police in Yuanjiang, Hunan province, detained a 12-year-old boy on suspicion of killing his 34-year-old mother.

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Last month Oxfam, the group trying to end poverty, reported that the 62 richest people on the planet have as much wealth as the poorest half of the world’s population. The report underscores the problem with income inequality, Oxfam said.

Last year, GAC took measures on 12 IPR protection cases in which foreign infringement violated the rights of Chinese companies, up from 4 cases in 2015.