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Geely President and CEO An Conghui said this joint venture further strengthens the carmaker's position as a leader in new energy vehicles. The South Korean company said it would also pursue joint ventures with other carmakers.

Generation Z consumers are more willing to spend on cars and they are more eager than their predecessors to use financial products such as loans to buy cars, the report said.

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Global capital, talent, services and manufacturing businesses will continue to move eastward, especially to China, in the post-COVID-19 era, though the world will still have to deal with uncertainties such as protectionism and unilateralism, experts said on Tuesday.

Gatwick airport also announced that its total number of passengers reachedan all-time high of 45.7 million in the 12 months to the end of March 2018, that’s up 3.6 percent on the previous year.

Given that the 2020 Government Work Report stated that both broad money supply and aggregate financing should be "significantly higher" than last year, Xing said that sustaining a faster growth of aggregate financing remains the central bank's top goal.

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Ghost Work: How to Stop Silicon Valley from Building a New Global Underclass by Mary L. Gray and Siddharth Suri is out today. The authors speak with GeekWire book reviewer Molly Brown at Town Hall on Wednesday, May 15, in Seattle.?

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Given the possibility of continued economic weakening, rising oil prices and an expectation of falling factory prices for industrial products, corporate profit growth may continue to be under pressure in the coming months, said Zhao Wei, an analyst at Changjiang Securities.

Given that it is a consensus that the world needs to spark the spirit of innovation and entrepreneurship to address the problems created by globalization, China's initiative has been a welcome inspiration.