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The upstream of the oil industry including oil producers and oilfield service firms has been hit hard by the plummeting prices, said Dong Xiucheng, professor with the University of International Business and Economics.

The whole renovation is expected to be finished in the first part of next year.

The vessel sank 20 yards off shore in 64 feet of water at around 7:20 am Monday when the fire department crews were still actively fighting the fire, the cause of which is being investigated.

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The visit comes as the two countries are embracing the 70th anniversary of the establishment of diplomatic ties and ushering in a new era in their relations, according to Chinese Vice Foreign Minister Le Yucheng.

The updated electric car GE3 530, which is scheduled to hit the market later this month, is able to run 410 kilometers on one charge under actual road conditions, a distance almost no other such vehicle made in China can yet achieve.

The white paper, titled "Equality, Development and Sharing: Progress of Women's Cause in 70 Years Since New China's Founding," was released by the State Council Information Office.

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The upper and lower reaches of the Jinsha River had not seen any dramatic change in water level as of 3 pm, according to the Changjiang Water Resources Commission.

The upgrade in information capacity usually brings about great changes, Wang Zhenzhong, an engineer from Alibaba Group, told the newspaper. "It will upgrade the former consumption and create new consumption sectors."

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The virus outbreak will not change the long-term factors that determine the attractiveness of the A-share market, such as low valuations by global standards, the increasing allocation of foreign capital and the ramped-up efforts of market-oriented and law-based reforms, Wang said.

The updated modeling approach indicates that the United States appears to be in a prolonged epidemic peak, averaging near or over 2,000 predicted deaths a day for the last few weeks, according to the IHME.