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"Compared with other types of urban rail transportation, maglev trains are quiet and can achieve high speeds because they don't actually ride on the rails with wheels but hover centimeters above the track through the use of magnets, avoiding the slower speeds caused by friction," said Sun Fuquan, a researcher at the Chinese Academy of Science and Technology for Development in Beijing.

"Competition is rising in the US," Joji Tagawa, a Nissan corporate vice-president, said on Thursday at the company's earnings briefing in Yokohama, Japan.

"China's CPI growth is expected to fall after peaking in 2020. The nation's economy is highly resilient and has tremendous growth potential. The gradual resumption of work in the industrial and agriculture sectors and the adequate supply of various consumer goods provides a solid foundation for price stability."

"China's long-term consumption potential is vast and the country's savings rate is decreasing while consumption rate is rising. The country is already the world's largest retail market. Even if it grows at a slower pace, it will still be the fastest-growing market in the world," Huang said.

"China's e-commerce has been a duopoly market for years. Against everyone's expectation, there came Pinduoduo, emerging with a completely different set of practices to engage with users," said Keso Hong, an independent internet commentator in China.