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As 150 billion yuan of reverse repos matured Friday, the operation led to a net withdrawal of 50 billion yuan from the market.

As Amazon gears up for next week’s Prime Day, its fifth annual summer online shopping extravaganza, Ridwell is tagging along on the hype, looking to make a tiny dent in the mountain of packaging that will come with the many millions of products the tech giant is expected to ship.

As China is witnessing a boom in industrial upgrade, many companies are deploying their resources and manpower to develop high value-added products across industry chains. In line with this trend, the development of a range of high-end tunnel-boring machines has become a core business for CRHIC in recent years. The company has shipped its tunnel-boring machines in different shapes to 16 countries, including Malaysia, Singapore and Lebanon.

As China implements a new development pattern of "dual circulation," where the domestic and foreign markets can boost each other, with the domestic market as the mainstay, China will see the scale of foreign trade continue to expand, according to Han Wenxiu, an official of the Central Committee for Financial and Economic Affairs.

Around 30 financial institutions, including banks, insurance and securities companies, could be on China's first D-SIFI list, according to two experts close to the central bank. [Photo/IC]