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The new plan will spur huge amounts of investment, up to at least 10 trillion yuan (.58 trillion), said Liu Guoqing, chief analyst of machinery industries at Pacific Securities. Investments into Xiongan should be at least comparable to the Binhai New Area in Tianjin, which was established in 2009 and has seen about 1 trillion yuan of investment in each of the past nine years, he said.

The national security legislation for Hong Kong will free the city from fear - except for a small minority of serious criminals, says Zhang Xiaoming, deputy director of the Hong Kong and Macao Affairs Office of the State Council. Zhang made the comments on Monday to reassure Hong Kong people.

The new data on US factory activity was a precursor to selling on Wall Street. Both the Dow Jones Industrial Average and the Nasdaq Composite fell 1.1 percent in trading on Tuesday.

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The new policies, including the Belt and Road Initiative, and the continuous transformation of the Chinese economy create great opportunities for companies to participate in the growth, said Jon Stanton, CEO of the Scotland-based engineering company Weir Group Plc.

The new Alibaba office is, in fact, an engineering center, according to the Alibaba employee who?came out to talk with us in the lobby. However, it’s still under construction, and?the company is still in the process of recruiting many of the engineers?who will work there.?Our request for a tour of the space was politely declined.

The new company stands to benefit from Ele.me's instant delivery fleet of 667,000 deliverymen and Koubei's consumer analytics capabilities derived from its 167 million active users, aiming to promote the digitalization of China's local service market, the company said.

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The new defaults emerged after regulators toughened up supervision, while the bond default rate was low, the statement said.

The new air route, which offers two flights each week, on Wednesdays and Sundays, will shorten the travel time from Africa to Hunan to 12 hours from 20 hours.

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The new container terminal located in the port town of Walvis Bay was constructed on 40 hectares of land reclaimed from the sea, and more than doubled the container terminal's carrying capacity to some 750,000 containers.

The national seven-day average was 83,805 as of Monday. And the number of people hospitalized with COVID-19 has also risen to its highest number since Aug 9 — with 48,470 — data from the Covid Tracking Project showed. Pennsylvania, Kansas, Connecticut and Rhode Island have had some of the highest daily infection rates.