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Total revenues of SOEs reached 62.55 trillion yuan in 2019, up 6.9 percent year-on-year, the Ministry of Finance said on its website.

Tourists take a sightseeing train in a field of pink grass (muhlenbergia capillaris) at Shenquangu scenic area in Changshun county of Southwest China's Guizhou province, Sept 2, 2020. [Photo/Xinhua]

Trade jitters between the US and China appear to have moderated with a tentative agreement on the first stage of what both sides hope will be a comprehensive deal. But China also listed uncertainty about global trade as a major concern. US CEOs listed it as their fourth-strongest concern, behind recession, intense competition and a tight labor market.

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Toys 'R' Us (Asia) Ltd is a joint venture 85 percent owned by Toys 'R' Us Inc and 15 percent by Fung Retailing Ltd. Andre Javes, president of Toys 'R' Us Asia Ltd, said the company is open for business and continues to serve its customers.

Total excavator sales, an important indicator of the vitality of an economy as demand is usually backed by growth in mining and infrastructure development, hit a record high of 49,408 last month, up 11.6 percent year on year.

Toy maker LEGO Group is looking to add 80 LEGO branded retail stores in the Chinese mainland next year, a move that is part of efforts to take its tally of stores in China to 300 by the end of 2021, according to a senior company executive.

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Total social finance, a measurement of funds that non-financial firms and households get from the financial system, stood at 162.82 trillion yuan by the end of March, up 12.5 percent year-on-year, according to the PBOC data.

Trade links strengthen cooperation

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Toshiyuki Satou, Japanese Sinologist and vice-president of Hiroshima University [Photo/China Daily]

Tourists experience "undersea walking" at the Wuzhizhou Island in Sanya, South China's Hainan Province, Jan 11, 2020. [Photo/Xinhua]