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The partnership covers the Fisker Orbit electric autonomous shuttle and other future projects in China. Hakim Unique will provide the infrastructure, communications and localization services, according to the news release.

The online sales value accounted for nearly one-third of the country's total home appliance sales, the report said.

The passenger vehicle sales for the 10 months through October fell 1 percent from a year earlier to 19.3 million vehicles.

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The opening ceremony was attended by Olga Golodets, Russia's deputy prime minister for social affairs; Sergei Ivanov, special representative of the president of Russia on the issues of environmental activities, environment and transportation; Li Hui, the Chinese ambassador to Russia, and Zhu Cheng, deputy Party secretary of the Shanghai Museum.

The overall liquidity in the banking system is on a relatively high level due to increased fiscal expenditures near the end of the quarter, the People's Bank of China said on its website.

The other major advantage of dual-class share structures is avoiding hostile takeovers, which means an entity taking control of a firm despite its management's disagreement, Hong said. Under the dual-class share structure, the would-be acquirer would not control the target firm even if it purchased the majority of the firm's Class A shares on the open market, which only represent minor voting power.

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The opening ceremony of the Chinese Bridge 2020. [Photo/People's Daily Online]

The panic has many lawmakers shedding their ideological baggage to grapple with an enormous undertaking for a crisis that exceeds the scope of the 2008 financial panic — a virtual weeks-long shutdown of many businesses and unemployment that could spike to 20% by some estimates.

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The outspoken rapper was also on hand to present Missy Elliott with this year's Vanguard Award for career achievement, calling her "a champion for women who want to be doing their own thing."

The pair will tender their resignations to the LDP by Wednesday, sources said, as they do not wish to cause any further trouble for the ruling party, although they are continuing to deny the vote-buying allegations.