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Zhong Nanshan, a prominent expert in respiratory diseases, said the cooperation will help improve air quality inside cars.

Zhou Xuan, chief consultant of Nomura Securities in Tokyo, said he believed the upcoming law will build up confidence for Hong Kong's future. "The recent stable stock and property markets, the private mortgage insurance reaching a four-month high in May and the strengthened Hong Kong dollar have showed that Hong Kong people and foreign investors responded positively to the upcoming law, which at its core, protected Hong Kong's position as a financial hub by building up confidence for future," he said.

Zhang said tension between the mainland and Taiwan has been caused by the Taiwan authority's failure to recognize the 1992 Consensus.

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Zhang said he was unhappy with the ruling and would appeal to a higher court.

Zhong stressed that basic principles of WTO are safeguard for economic globalization and China has always been a firm advocate of multilateral trading system.

ZhongAn Online P&C Insurance Co, China's first online insurance company, is exploring business opportunities in the sports and health insurance sector.

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Zhong Hongwu , the director for CSR research at CASS, said today many companies, like State-owned China Resources and China Huadian, have started such attempts and made tangible progress.

Zhao Fujun, general manager of Yamaha motors' global research and development center in Xiamen, said that his company pins high hopes on the Chinese market since China has taken efficient measures to stem the spread of COVID-19. The company's investment in China will increase by 30 percent this year.

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Zheng Junfang, chief risk officer of Alibaba, said the certification would help the group expand in overseas markets thanks to its better practice in transactions and clients information protection.

Zhongwang USA, an investment firm backed by Chinese tycoon Liu Zhongtian, said on Tuesday that it would continue to pursue overseas business opportunities even as it called off its planned acquisition of US aluminum maker Aleris Corp after failing to win US government approval.