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Yale Zhang, managing director of Automotive Foresight, said sales are expected to grow after localization as assembling vehicles in China would allow the company to avoid a 25 percent customs tax.

Yao Jinqi, one of the most–wanted fugitives suspected of bribery has been extradited from Bulgaria to stand trial, according to Chinese authorities on Friday.

Ye Zhaojia, vice-president of Bank of China (Macao), said the banking sector has made advances over the last 20 years in tandem with the rapid growth of the city's economy.

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Yan said the delivery and logistics, as well as the upstream and downstream enterprises in the industrial chain will also be influenced. However, such impact will not last long and may end in March, along with the resumption of production and expected decline of infection cases, he said.

Yan Yuejin, research director at E-house China R&D Institute, said the trading growth in China's property market will continue to surge, but he admitted that profits could be reduced.

Yan'an, a city famous for "red tourism", will stage an opening ceremony and forums themed on revolutionary relics protection, according to Lu Qiong, an official of the National Cultural Heritage Administration.

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Yellow cabs were making 445,000 trips per day in July 2013, and five years later, they were doing just under 300,000, while Uber and Lyft combined for some 490,000, city data shows.

Yan said it is "a stage of development" for China's academia, which is catching up.

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Yang Fan, cofounder of FinUp Group, said: “Fintech has largely boosted the efficiency of traditional financial services and lowered the barrier. It helps push forward the concept of financial inclusion.”

Yang Jiechi, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, delivers a keynote speech at the 55th Munich Security Conference in Munich, Germany, Feb 16, 2019. [Photo/Xinhua]