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China's inflation soars to 8.5% in April

China's consumer price index, the main gauge of inflation, hit a year-on-year increase of 8.5 percent in April, following jumps of 8.3 percent in March and a near 12-year high of 8.7 percent in February, the National Bureau of Statistics announced today.

1st research center launched on WTO dispute

A research center on World Trade Organization (WTO) dispute settlement mechanism was set up in Shanghai on Sunday, the first of its kind in the country.

 

Olympic flame reaches top of the world

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