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The report, titled Turning Green Momentum into Actions, is the latest contribution from the UK-China Green Finance Taskforce, which was set up by the Green Finance Initiative (GFI) of the City of London and its Chinese counterpart, the Green Finance Committee (GFC) of the China Society for Finance and Banking.

The retirement of Chinese esports player Jian Zihao, better known as "Uzi", triggered a flood of tributes from millions of fans worldwide.

The runaway success of Honor of Kings has also spawned an army of similar productions.

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The sales figures recorded by "618" online shopping festival show a vibrant market and consumption upgrading trend in China. [Photo/VCG]

The rise of the far right, trade conflicts, intellectual property battles, geopolitical tensions, economic inequalities and the climate change crisis should concern the world. At the same time, the novel coronavirus, it seems, is underlining not only balance in economic sectors but a certain degree of economic self-sufficiency at the local or community level, for immunity from the perils of unrefined globalization.

The role of the committee and the function of the central bank are complementary in terms of financial supervision, Lian said.

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The river chief system has helped find solutions to many problems that have troubled the management of rivers and lakes, according to said Chen Lei, minister of water resources. Previously, some rivers had no management or were managed by different authorities at the same time.

The sales of local FMCG brands grew by 7.7 percent in 2017, contributing to 98 percent of China's FMCG market growth, according to the report.

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The research showed that while volume growth remained steady at the same 2 percent level of 2019, the major drag on sales was the decline in average selling prices, which dropped by an average 2.1 percent in the first three quarters.

The results are obvious. More than 40 percent of the city's large industrial enterprises use machines that employ computer numerical control, allowing them to operate via programmed sequences, and smart robots. The moves have cut the labor force by 30 percent and lowered costs by 50 percent. In addition, a host of imported equipment has been replaced with Chinese-made machinery, shortening production times by as much as 40 percent.