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Realizing the significance of SOEs to the country's sustainable growth, China launched a series of reforms including cutting capacity, managing zombie companies, and calling for innovation among these companies.

Racegoers, clutching beer cans while buffeted by dust and flies during the day, flock to Brophy's big tent at night, eager for more action.

Regarding innovation and technology, the government will launch a HK billion five-year program to attract outstanding overseas talents.

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Realme is currently the world's fastest growing smartphone brand. Six months after its launch, the brand became the No 4 vendor in India during the fourth quarter of 2018. Little over a year since its inception, Realme said it has joined the big league with more than 10 million units shipped. To be more accurate, 10 million smartphones in 14 months, which translates to 22,000 units sold per day since its debut.

Referring to trade dynamic between the United States and China as one of the most important in the world, Cordero said with so much at stake on both sides of the Pacific, it is believed the two countries can resolve their differences and keep the economies growing.

Rainfall from Monday to Tuesday caused slides in Gengdi village of Puge county, Sichuan province. As of 6 pm Tuesday, rescuers had saved one person from the debris, but 24 were found dead. Four people were injured and one other remained missing, according to the local government.

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Ranawaka said that thousands of buses operating under the SLTB were the most reliable forms of public transportation in the country. Bus drivers, bus conductors and all other staff commuted with thousands of passengers daily and therefore they urgently needed to step up epidemic prevention measures.

REIT is similar to a mutual fund. In a mutual fund, a fund manager uses money collected from investors to buy securities. In a REIT, the manager uses the combined investment money to purchase real estate properties that generate rental income, like office buildings, apartment complexes, shopping malls and warehouses.

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Real GDP increased 2.3 percent in 2017, compared with an increase of 1.5 percent in 2016. The pace, however, was well below the 3 percent target set by the Trump administration.

Reducing leverage ratios in the country's corporate, government and household sectors will remain a major task of the CBIRC, he said.