It also has the advantage of low cost, wide coverage and long battery life, compared with Bluetooth and Wi-Fi technology.
It has planned seasonal promotions and marketing activities for home sales throughout the year.
It is "part of a broader effort to ensure market stability ...following the Moody's downgrade," Bloomberg economist Tom Orlik said, considering the yuan's current appreciation a cushion against impact from an expected mid-June Fed rate increase.
It has become an eight-year tradition for Chinese pop duo Yu Quan to hold a concert on Christmas Day.
It expects the global market to become its main battlefield.
It also categorized the cases into three groups regarding the losses incurred: losses of less than 5 million yuan (734,214 U.S. dollars), losses between 5 million yuan and 50 million yuan, and those above 50 million yuan.
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It also showed net inflows of cross-border capital for the fourth consecutive quarter, along with a net inflow of foreign direct investment valued at .2 billion, an increase of 110 percent since a year earlier.
It also shows the growth in Chinese tourists has been fuelled by a rise in tourists from secondary cities in China.
Issuance of the IPOs will not be suspended due to various factors, nor will they be done in large batches or a centralized manner, the report said, quoting sources from authorities.
Istvan Kapitany, executive vice-president of Shell global retail, said it is vital for Shell to fuel vehicles and quality of life through mobility retailing hubs. [Photo provided to China Daily]