The Spring Festival travel rush started from Jan 21 and will last till March 1, during which railway trips are expected to hit 413 million in total, up 8.3 percent from a year ago.
The State-owned carmaker made the remark when it released the financial report of its first half of 2020. Vehicle deliveries in that period totaled 2.05 million, down 30.2 percent year-on-year.
The Shanghai Composite Index rose 0.44 percent to 3,447 points, while the Shenzhen Component Index rose 0.43 percent to 11,695 points.
The SpaceX Falcon 9 rocket, scheduled to launch a US Air Force navigation satellite, sits on Launch Complex 40 after the launch was postponed after an abort procedure was triggered by the onboard flight computer, at Cape Canaveral, Florida, US, Dec 18, 2018.[Photo/Agencies]
The Shanghai Stock Exchange said in a document published last Friday that overseas firms issuing depository receipts in China should meet a minimum market value of 20 billion yuan (.9 billion).
The State Post Bureau predicted the number of packages handled between Nov 11 and 16 will rise to 1.5 billion, up 35 percent from the same period a year ago. The daily volume could hit 340 million, three times the usual level.
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The Trump administration has stepped up its communications with China over trade, the White House's top economic adviser said, as an invitation from senior US officials led by Treasury Secretary Steven Mnuchin was sent to Chinese counterparts, including Vice-Premier Liu He, Reuters and The Wall Street Journal reported on Wednesday.
The State Council meeting also emphasized the need to expand imports of much-needed medicines to meet public demand.
The Shanghai show follows a 2009 production of the same piece directed by Chinese artist Zhang Huan which premiered at Theatre de la Monnaie Brussels, before also being performed at New York's Brooklyn Academy of Music and the Canadian Opera Company in Toronto, as well as being part of the Beijing Music Festival.
The State Council said the scope and standard of the special expense deduction will be implemented on Jan 1 after a period of public consultation, and will be adjusted dynamically with the development of the economy and the improvement of living standard.