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Teaming up with Merck's corporate strategic venture arm M Ventures, the company intends to invest in Chinese seed-stage companies with individual investments ranging between 5 million yuan to 10 million yuan. The seed investment is meant to help the startups reach the next value inflection point within 18-24 months.

Taxpayers who had already made payments eligible to be deferred can apply for refunds, according to the statement effective since May 1.

Tang said investors had concerns that CDR-issuing unicorns might deflect big money from the A-share market, hurting liquidity.

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Technicians from the local public security department said Monday that human factors had been ruled out as a cause, but further investigation is still under way to find out what caused the explosion.

Technology is evolving that will accommodate the emergence of faster, more reliable, more transparent and less expensive options for cross-border payments and remittances, according to Layman.

TOKYO - Osaka Prefecture in western Japan continues to be rattled by tremors in the wake of a 6.1-magnitude quake that struck the region a day earlier killing four and injuring hundreds of others, local officials said Tuesday.

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Talks are underway for "a fast-track procedure" allowing employees of German companies to re-enter China on the special flight, Jens Hildebrandt, executive director for the German Chamber of Commerce in North China, told AFP.

Tainwala recognized that Chinese customers are becoming increasingly sophisticated in purchasing products. They are becoming more confident with regard to their choice of brands and products, trading up from mass products to premium products, and increasingly pursuing products with bolder designs.

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Taking traditional Japanese cuisine to a whole new level, Gonpachi Hong Kong serves kushiyaki-style skewered delicacies using the finest ingredients brought in directly from Japan. Head chef Fei Ngan, who joined the restaurant in 2013, shares the secrets of his signature dish: fresh crab croquette.

Taiwan leader Tsai Ing-wen's recent calls for the international community to "constrain" Beijing aim to create hostility, which will continue enhancing confrontation across the Straits, officials and scholars said.