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George Sun, the bank's head of global markets－China, said: "The move will help to widen the issuer pool beyond Chinese issuers, as well as to increase inbound foreign investment. We see this as a significant step forward in China's financial market liberalization."

Global management consultancy Bain & Company said that the Chinese on-demand mobility market is likely to expand less than 5 percent this year, slowing from a 25-percent growth in 2018.

Geoffrey C. Ward

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German chemical producer BASF SE is planning to set up an integrated production base with a total investment of billion in the province in July.

Ghani and his government have been sidelined during the past year of direct talks between the US and the Taliban insurgents. Washington seeks to withdraw its combat troops and end 18 years of fighting in Afghanistan, America's longest war.

Given that the third version meets actual needs and includes practical measures, he suggested the top legislature pass it as soon as possible. In general, a draft becomes a law after it is read by the top legislative body three times.

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Given the increase in cases in recent days, some sectors of society and local authorities have been demanding the implementation of extreme measure to contain the epidemic, while some sectors, such as trade unions and the commercial sector, have opposed it.

Gerry Keefe, head of corporate banking in Asia-Pacific at Citigroup, said "our multinational clients -- both from the US and Asia -- see the Belt and Road Initiative as a generational opportunity to expand the scale and reach of their businesses."

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Giantec Semiconductor Corporation, a Shanghai-based chip products provider and CABIO Biotech (Wuhan) Co Ltd, a leading biotech company, will be listed on the Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission.

GfK estimated that with the depreciation of the yuan and rising cost of components, competition in the smartphone market would become more intense.