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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.

Analysts said that there is not a clear and proven business model for car sharing and many of the companies are affiliated to carmakers, which sold vehicles to them for winning government subsidies and amassing credit as demanded by the authorities.

And the implementation of the e-commerce law and the consumer rights protection law also provides better and more efficient regulation of e-commerce platforms and fosters consumer protection, he said.

And, some residents, both local and foreign settlers, are working to raise the remote town's profile, as China Daily's recent interviews indicate.

And 38 suspects, including a number of foreigners, have been detained after three major drug smuggling gangs were busted, according to Zheng Jun, deputy director of the Bureau of Anti-Smuggling of Guangzhou Customs.