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As the trend of protectionism spreads from developed countries to developing ones, Bao regarded China as the backbone of global financial stability, with its rising stature in global finance.

As the bellwether of China's steel industry, which is challenged by overcapacity, and need for cost reduction, efficiency improvement, energy saving and emission reduction, Baosteel is determined to lead the Chinese steel sector in seeking high-quality and sustainable development by improving its competitive cost, quality and service, said Zou Yuxian, deputy director of the intelligence manufacture office of Baosteel.

As we reported yesterday, one analyst was estimating the company to?record about 50 billion yuan (.17 billion), a 40 percent increase from last year, and another more bullish analyst was estimating that sales could top?60 billion yuan (.8 billion).?Last year, Alibaba Group’s websites Taobao Marketplace and Tmall.com processed more than .8 billion in sales during the 24-hour period, which is roughly one-third more sales volume in a single day than the three biggest U.S. shopping days combined.

As the world races to find vaccines and a cure for COVID-19, South Korean virologist Kim Seung-taek is trying to find a treatment through drug repositioning.

As the country's retail landscape has been heavily impacted by the booming e-commerce market, leaving a number of investors wavering in the idea of building more shopping malls, the architecture firm, which established its China office in Shanghai in 2008, is seeing the majority of its work shifting from design for retail to the education sector over the past decade.