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Li Yunting introduces the monitoring equipment adopted in the capital to foreign experts in 2013. Provided to China Daily

Li Yanwei, an analyst at the China Automobile Dealers Association, said the market this year will be a little better than in 2017, adding that his confidence is backed up by premium carmakers' sales performance.

Leshi Internet Information & Technology Corp, the listed arm of Chinese internet conglomerate LeEco, expects a loss of 11.6 billion yuan for last year. The company went public in 2010 and has made profits for seven consecutive years. The loss in 2017 has exceeded the accumulated profits in the past years.

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Leshi Internet Information and Technology, the Shenzhen-listed arm of debt-laden technology company LeEco, announced on Friday that it recognized about 6.7 billion yuan (8.9 million) in total debt by the company and non-listed units of LeEco, according to a report by Securities Daily.

Li also pointed out that these latest high-speed models will boost business opportunities for domestic manufacturers.

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Lhosong used to be a farmer before joining the company as a driver in 2011. His monthly income was instantly boosted to 2,500 yuan from less than 500 yuan previously. This year, he introduced his fiancee, also from a poor family, to work in the company.

Li Xiaomin, Party chief of Wuxi, said that the city would fully support the hospital project, which will increase Wuxi's supply of advanced medical resources.

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Li Longguan, the legal representative of Shanghai Kangji Storage Co, is one customer who has benefitted from the online platform.

Li Zhanshu (L), chairman of the Standing Committee of the National People's Congress, attends the launching ceremony of the Mozambique part of the Access to Satellite TV for 10,000 African Villages Project in Maputo, Mozambique, May 13, 2018. [Photo/Xinhua]