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The SMEs include companies incubated in entrepreneurship and innovation centers and innovation-type small and micro businesses invested in by a national SME fund.

The ReachNow ride-hailing service is run by BMW Mobility Services Ltd, a wholly-owned subsidiary of BMW Group, which was founded in April in Chengdu.

The SPC will set up an IPR court that handles complex appeals such as patent cases, said the regulation on the IPR court published by the SPC at a press conference.

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The People's Bank of China, the central bank, announced on Friday it had approved a joint venture of American Express Co in China regarding its application to commence operational preparations for a card clearing institution in the country, making the US-based multinational financial services corporation the first of its kind to gain direct access to the Chinese bank card payment market.

The S9 is the company's first super sports model, which boasts a maximum speed of 400 km/h and a 100-km acceleration within 1.9 seconds. It is equipped with a newly-developed V8T hybrid system with a maximum power of 1,400 horsepower.

The Seattle-based tech giant?is providing housing for homeless families, contributing large sums?to the University of Washington’s computer science program, and supporting a mass transit initiative.

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The People's Bank of China injected 120 billion yuan (about .5 billion) into the market through seven-day reverse repos at an interest rate of 2.2 percent, according to a statement on the website of the central bank.

The People's Bank of China, the central bank, on Wednesday set the yuan mid-point at 6.7858 against the dollar, its strongest level since Nov 9.

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The S&P 500 and Dow Jones Industrial Average were relatively flat for the year, with each falling slightly. The S&P 500 was down 0.7 percent, and the Dow was off 2.2 percent.

The S&P 500 fell 6.9 percent last month, and technology and industrial companies and retailers fared even worse. One exception was Apple, which slipped just 3 percent in October. The world's largest tech company is scheduled to report its results after the close of trading, and climbed 1.5 percent to 2.22.