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And so the meager 3.42 percent increase in used car sales reported by the China Automobile Dealers Association for March showed a considerable slowing in the market.

And, in fact, right there smack in the middle of the Lady Gaga page is a promotion of the service.

Analysts said China's A-share market has digested some of the negative external factors, including turbulence in the US market, and investors' sentiment toward Chinese shares has been improving as the government has vowed to take additional measures to boost consumption and shore up growth.

Analysts said the producer price index, which measures factory-gate prices and reflects the state of corporate activities, has stopped falling and picked up in recent months, meaning corporate profits will rise and investment will increase.

Analysts were confident the performance of the real estate market will improve further in the second quarter given the steady demand in the sector.