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Angang Steel Company said its net profit would rise 236 percent year-on-year to 3.3 billion yuan (7.7 million) on the back of a recovering market demand and cost-efficiency moves.

Analysts in Washington and Beijing have said trade and security issues, including the Korean Peninsula situation, will be highlighted during the trip.

Analysts said that the CSRC's statement highlighted the encouragement for the greater role of the financial markets to serve the economy, which was emphasized by the top policymakers at the recent National Financial Work Conference.

And 10,000 yuan, or a quarter of their monthly income, goes toward mortgage repayment. "A second child is on our minds, but we're not sure if we should try, given the financial implications," Gao said.

And there is no better place to witness these developments than in Wuxi, a national hub of the internet of things sector that has been promoting and developing IoT applications for the past decade.