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India's economy is expected to edge up to 7.4 percent in 2017 and 7.6 percent in 2018, the report said.

Individuals in China are allowed to change the equivalent of up to ,000 from yuan to foreign currencies every year under the current quota system. Overseas spending on bank cards is not included in the quota provided the debt is repaid from a yuan-denominated domestic bank account.

India's Prime Minister Narendra Modi gestures as he is presented with a garland during a thanksgiving ceremony by Bharatiya Janata Party (BJP) leaders to its allies at the party headquarters in New Delhi, India, May 21, 2019. [Photo/Agencies]

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In this context, European and Chinese diplomats should collaborate for the reform of major multilateral institutions. The marginalization of the World Trade Organization or of the United Nations at a time when they are most needed is a trend that has to be reversed.

In tune with the rhythm of Chinese economic development, 3M China has grown from a small factory of dozens of square meters and a single office staffed with just over 10 employees in 1984, to becoming the company's largest entity outside the United States.

Indian Space Research Organization (ISRO)'s Geosynchronous Satellite launch Vehicle (GSLV) MkIII carrying Chandrayaan-2 stands at Satish Dhawan Space Center after the mission was aborted at Sriharikota in southern India, July 15, 2019. [Photo/IC]

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In the village of Zhanqi, where Lai and her son live, authorities have been promoting rural tourism by restoring village houses to their original styles. Tourists can buy local souvenirs such as cloth shoes, embroidery items, bamboo products and specialties such as soy sauce.

India's central bank slashed interest rates in an emergency move on Friday to counter the economic fallout from the pandemic after the federal government locked down the country in order to slow the spread of infections across the region.

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India is not alone in wanting all-electric cars－Britain and France hope to achieve this by 2040－but New Delhi wants to go faster than others.

Industry: Consulting