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Geely sold 1.36 million vehicles in 2019, down 9 percent year-on-year. This is mainly due to the slump in the overall vehicle market. However, its market share grew to 6.5 percent in 2019 from 6.2 percent in 2018.

Get ready for an e-commerce battle of epic proportions in India.

George Ren, senior partner and vice-president of consultancy Roland Berger China, said as the country is building a moderately prosperous society by this year-end, Chinese people's rationale for food consumption has evolved from survival, energy and taste to well-being.

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Given the strong spending, some provincial governments were expected to see extended funding in February and March, leading to growth of fiscal deficits. Liu said it is uncertain whether the recovery after the epidemic wanes will provide the funds to make up the gap.

Global oil prices have been rallying since a number of oil producing countries have voiced their intentions to cut output and US oil inventory has dwindled for seven weeks, the NDRC said.

Geely said it has basically finished setting up sound distribution networks in its major international markets. Exports are expected to become another driving force of its revenue in coming years, said the company.

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Genworth Financial Inc and China Oceanwide Holdings Group Co said on Saturday that the Committee on Foreign Investment in the United States had completed its review of the proposed .7 billion buyout.

Gianluca Pettiti, president of the China unit of US multinational Thermo Fisher Scientific. [Photo provided to China Daily]

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Gary Claugh, a senior tutor teaching the graduate diploma in art and design at the Royal College of Art, who has been working closely with the company for the last two years, has been hired as its United Kingdom academic consultant.

Given the growing number of tech-savvy young gamers, online Chinese drama series are actively embracing esports themes because they see it as a new big hit in the market.