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Home improvement retailer Lowe's also reported better-than-expected first quarter results as same-store sales rose 11.2 percent.

His remarks came in response to concerns that the favorable policies of the government's manufacturing improvement program, known as "Made in China 2025," will only apply to homegrown businesses.

Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor holds a press conference at Central Government Offices in Hong Kong on July 7, 2020. [Photo by PARKER ZHENG/CHINA DAILY]

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His appointment was first revealed last September, three months after surgeon and writer Atul Gawande was selected as the venture’s CEO. He was the company’s second employee.

Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor (front left) inspects the air-inflated laboratory at Sun Yat Sen Memorial Park Sports Centre after attending a ceremony to welcome the arrival of mainland nucleic acid test support team, Hong Kong, Aug 28, 2020. [PHOTO/ HKSAR GOVERNMENT]

Honeywell's latest forecast showed that 4,000 new civilian-use helicopters would be delivered from 2019 to 2023, down by 200 in number from the five-year forecast in 2018.

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Honda sold 124,155 vehicles in August in China, up 5.9 percent from a year earlier. As for the sales achieved from January to August, the brand sold 985,514 vehicles, an increase of 18.4 percent from the same period in 2018. Honda's two most sought-after models, the Civic sedan and the CR-V crossover each sold more than 20,000 units in August.

His new team has developed its own planting methods. The farm now produces 750 kilograms per hectare. The total output is higher than that of those who use chemicals.

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His business, based in Guangzhou, South China's Guangdong province, has appraised more than 150,000 luxury bags since establishing it in 2017 through a mobile phone app.

Ho, also the founder of the lifestyle, media and merchandising company Miss Wonder Omnimedia, said: "With COVID-19 under control in China, we opened classes again in the second half of this year. Many friends who were forced to make adjustments as a result of the outbreak have emerged stronger and have found new business opportunities."