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Honda will buy a 1 percent stake in CATL, who will provide competitive power batteries and enable Honda to secure a stable supply of batteries.

Hong Kong reported 78 additional confirmed cases of COVID-19 on Monday, taking its total tally to 6,975. As of Monday, 1,122 COVID-19 patients are being treated in public hospitals and the community treatment facility at AsiaWorld-Expo, and a total of 36 patients are in critical condition.

Hong Kong stocks tumbled on Wednesday as sentiments dimmed over a number of factors. The Hang Seng Index, the city's benchmark, dropped 1.73 percent, or 480.8 points, to close at 27,308.4 points on Wednesday.

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Hong Kong received 14 percent more visitors in the first six months last year, setting a new record, but violent incidents, in particular those related to two Hong Kong universities, resulted in a 39-percent drop in visitors in the July-December period, Cheng said.

Honeywell has appointed Shen Bin, former vice-president of corporate strategy and new business development at Verizon Communications, as president of Honeywell China in May.

His group has developed a simple but effective system around local villages allowing sightings of elephants to be immediately verified and passed on. "We set up display boards around key elephant routes and set up SMS services for early warnings about an elephant's presence, which has significantly reduced such chance encounters," he said.

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Homeowners who wish to upgrade to more spacious or better-located properties are among those most impacted by the recent tightening of China's home purchase rules.

Hohhot-headquartered Yili Group, has already sought cooperation with more than 700 companies in 34 countries and regions. In November, it acquired a 96.46 percent stake in Thailand's largest ice cream maker Chomthana for .56 million.

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His postal round covers 200 square kilometers and 23 villages, and it takes him four days to deliver all the mail. To make his job possible, Zhang puts the mail into two large bags, which he attaches to the ends of a yoke that he carries across his back.

His customers were mainly workers from nearby construction sites, including forklift drivers, and businessmen from Fujian. Last year he earned about 20,000 yuan (,034) a month.