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Major foreign automotive manufacturers have been witnessing a steady recovery in vehicle sales in China, even as car brands around the world saw their business performance taking a severe hit due to the COVID-19 pandemic, People's Daily reported.

Malmgren pointed out that it is important to observe qualitative signals in daily life that indicate economic trends in addition to quantitative indicators like GDP and CPI.

Ma Tianqi, deputy general manager of the State Intellectual Property Operation Platform, said at the forum that "high-value technologies" do not necessarily mean great technological complexity or a big budget.

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MS: It’s really hard to answer that directly, because on one hand, I am empathetic to what people on Mixer are going through right now. It was, and is, their home. On the other hand, it’s also a business. And it’s not one that was making money. Microsoft is spending money to support what is effectively a free platform.

Major investments in infrastructure and new homes improve life for villagers. Palden Nyima reports from Lhasa.

Ma said Alibaba has been supporting small US businesses to sell and buy online in the past 18 years. In California alone, the company has already helped create more than 20,000 jobs, according to Ma.

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Ma also called for capacity building in development green financing products. He gave examples of how insurance products for green projects, asset-backed securities and carbon emissions rights collateral products can play a positive role in green financing, urging banks, insurance, securities and asset management companies to do more research in this regard.

Malvika Chaudhary, Asia regional coordinator of the Centre for Agriculture and Bioscience International, said farmers "who struggle to make ends meet" are being hit by the destructive pest.

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Major transportation brought to a halt; oil ship with 73 crew members rescued

Mahan Air has seen increases in passenger numbers from countries along the Belt and Road Initiative and has vowed to further develop the routes.