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Last year, Jiangling Holdings sold 18,800 units of Landwind-branded cars, a sharp drop of 55 percent from 2017. The company had a full-year loss of 854 million yuan (1.37 million).

Last year, the Hong Kong government set up the HK billion (7.4 million) Innovation and Technology Fund for Application in Elderly and Rehabilitation Care. The fund provides subsidies for eldercare and rehabilitation services units to procure, rent and test technological products.

Last year, police nationwide dealt with more than 30,000 gun- and explosives-related cases, uncovered 416 criminal gangs and detained more than 40,000 suspects. From January to November last year, the number of such cases fell by around 28 percent, according to the ministry.

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Last month in Spain, Audi debuted an A8 sedan with Level 3 functions, which will reach the market in 2018. Meanwhile Ford and Volvo are planning to skip Level 3 to Level 4, at which a vehicle can drive itself without human intervention in most driving conditions.

Large, high-tech manufacturing companies means those with annual revenue of 20 million yuan or more generated by their main business operations.

Last year, 33.4 percent of Tsinghua graduates who joined the workforce opted for Chinese private enterprises, 31.3 percent went to SOEs and only 5.2 percent chose foreign companies, a situation which has remained relatively unchanged for the past five years.

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Last year, JD opened a warehouse next to a cherry sorting center in Yantai, to reduce product shipments and cut costs.

Lardy added that he thinks China's economic recovery will continue in the second half of the year, since the country has been managing COVID-19 well.

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Last week, the company hosted a technology conference in Silicon Valley, gathering hundreds of industry professionals and academic experts to explore AI innovations in the financial services sector.

Last year, a senior from Shandong province arrived in Zhengzhou to visit his son, who was working in the city.