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The report found that travelers are more likely to take out insurance for overseas trips than domestic trips.

The relatively higher growth rate in China－compared with an expected global rate of 4 percent－will continue to lead global economic growth, which could help some economies jump out of the deflation trap, according to Song.

The report also showed the company sits on 2.3 billion yuan of disposable capital in the third quarter of this year, 106 percent higher than last year.

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The regulator also urged banks to directly provide financing to upstream and downstream enterprises in the supply chain based on real transactions, such as offering suppliers with accounts receivable financing, which allows companies to receive early payments on their outstanding invoices. Banks are also encouraged to provide downstream enterprises with loans pledged by warehouse receipts or inventory, in addition to offering advance payment financing based on orders, she said.

The report also mentioned the use of personal information has raised concerns as data may be utilized to build behaving or responding models of users that can be taken advantage of by advertisers or for other purposes.

The report shows that China's courts dealt with 35,743 cases involving minors last year, a fall of 47.6 percent compared with 2012.

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The registration-based public offering system and the ongoing reform of ChiNext are crucial arrangements for deepening capital market reforms, optimizing the capital market's basic system, and improving capital market functions, said the plan.

The report estimated the global AI market is likely to see phenomenal growth and achieve a market value of over trillion by 2025, with a compound annual growth rate of 30 percent from 2017 to 2025.

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The related department has sent a team to repair the damage.

The report estimates that a total of 0 billion of non-financial ODI, or outbound direct investments, will take place in 2017－the vast majority of them M&A－representing a 45 percent decrease on the previous year.