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Analysts said the data show the pressure on industrial companies, but China’s consistent push for high-quality growth will help enterprises better deal with slowdowns in sales and their debt-asset ratios are likely to continue dropping.

Analysts believed the move, which will take effect on Oct 15, is meant to further fuel the country's real economy and fend off potential risks brought about by global trade uncertainties and downward pressure. The RRR cut will inject 1.2 trillion yuan (4.7 billion) of commercial bank deposits from the central bank to the banking system, according to a statement on the People's Bank of China website.

And with RNG's sports psychologists, who also work with China's women's basketball team, chewing over the reasons for the defeat, it's hoped that valuable lessons and insights can be gained in time for the Games, where e-sports will debut as a demonstration event.

Analysts said that for serious equity investors, Borgward is a good proposition. Among others, it has the authorization from the government to produce both gas powered cars and new energy vehicles.

An ordinary Beijing taxpayer with a pre-tax income of 20,000 yuan, who is an only child, has one kid who goes to school and parents who are above 60, rents a home and studies for a master's degree on the job, can enjoy four special deductions starting from next year.