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The Bank of China also expressed optimism in a report about the prospects of the yuan's global use, citing favorable conditions including the Belt and Road Initiative and steady financial opening-up.

The Beijing-based company has been pouring great resources into developing AI technology, with around 4,500 research and development talents.Other technology giants are also investing heavily in AI, with Alibaba focusing on smart cities and Tencent on medicine and health.

The COVID-19 pandemic has forced thousands of US businesses to close and unemployment claims may hit a record of 2.5 million this week, but some companies are hiring as consumer demand swells for food and other essential items.

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The Beijing-based research company expects that figure to reach 64 percent in 2021.

The COVID-19 pandemic has forced China's financial system to tackle immediate challenges including the very survival of some businesses. But top regulators have not ignored a longer term issue that is as pressing as the former, if not more so－namely, the sustainability of the pension system.

The COVID-19 pandemic has suppressed the automotive market with Bloomberg New Energy Finance anticipating that global EV sales will fall by 18 percent this year to 1.7 million units.

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The Basque Culinary Center is a gastronomic university born off the back of a revolution in Spanish cuisine epitomized by the Basque country's plethora of Michelin-starred restaurants and by Ferran Adria, the father of molecular gastronomy.

The Bloomberg Barclays Global Aggregate Index started including China's yuan-demoninated government and policy bank bonds in April, with a 20-month phase-in period, marking the latest step in opening China's financial market to global investors. Last year, the country's yuan-denominated A-shares were included in the MSCI Emerging Markets Index, giving overseas investors greater access to its equity market.

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The CAPA has issued a notice calling on its members to strengthen supervision on live-streaming and ban shows that encourage practices of food wastage, such as eating extravagantly, pretending to be big eaters, but end up vomiting off camera.

The Australian firm, which put its oldest but smallest division up for sale last August, said it had reached an all-cash deal with China's Humanwell Healthcare Group Co Ltd and CITIC Capital China Partners.