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Starbucks' challenger in China – Luckin Coffee – vows to open 10,000 stores in the country by 2021.[Photo provided to chinadaily.com.cn]

Starting on Sunday, the country's railway network began adopting new train schedules, with the addition of 37 pairs of medium-and long-distance passenger trains.

Starbucks Corp Executive Chairman Howard Schultz is stepping away from hands-on management at the global coffee chain, effective June 26, fueling speculation that the outspoken, liberal-leaning executive will make a US presidential bid.

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Starting from March, already-issued loans that have not expired will shift the traditional lending rate to LPR, which means the LPR reform will continue following the schedule set before, in spite of the epidemic, Liu said.

Stephan Woellenstein, CEO of Volkswagen Group China, said JAC Volkswagen will not have head-on competition with Volkswagen's two other joint ventures with FAW and SAIC Motor Corp.

State-owned enterprises and large platform companies should also strictly enforce the regulation.

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Starting from September, Beijing introduced measures to take redundant shared bikes off the street and regulate the industry to restore traffic order.

Srour, author of a book on the Chinese development experience, illustrated that China helped Sudan build a bridge spanning over the Nile River and contributed to road construction in Somalia.

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Statistics from Alipay showed the number of mobile payment transaction increased 75 times in Russia, 12 times in Canada and eight times in Malaysia. New Zealand, Australia and Finland also saw big increase in this summer.

Stella Yuan, leader of the transaction advisory services at EY Central China, said many Chinese companies will be more focused on the integration of recently acquired assets in the following 12 months, given the large number of deals last year.