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Instead, the local government can set maximums based on their own conditions, said the document.

Interest on the certificates will be primarily determined by the market. Banks and investors can set a fixed or a floating rate, using the Shanghai Interbank Offered Rate (Shibor) as a benchmark.

Instant noodles, frozen dumplings, wontons and glutinous rice balls are making a strong comeback as sales surge since the COVID-19 outbreak in China.

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Interpol's 87th General Assembly Session will be held in Dubai, United Arab Emirates, on Nov 18 to 21, at which time the organization will elect a new president for the remaining two years of the current mandate.

Investigators found firearms belonging to the assailants inside the supermarket, including an AR-15-style weapon and a shotgun, as well as an additional gun, and a pipe bomb inside the rental van.

Internet search giant Baidu Inc launched an artificial intelligence chip named Honghu on Wednesday, which could be configured to accommodate vehicle-mounted voice control systems and intelligent home scenarios, as part of its broader push to speed up industrial application of AI technologies.

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Investors are likely to move to real estate companies that generate about 81 percent of their revenue in the US. Utilities offer similar strengths and historically have offered attractive valuations.

International pharmaceutical companies, including those from the US, have kept investing in research and development of new drugs in China, which has also contributed to improved innovation and research capabilities for domestic pharmaceutical companies, said Zuo Yuzeng, chief for communications at the association's R& D-based Pharmaceutical Association Committee.

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Inspectors check the quality of heating devices in Huaibei, Anhui province, in December. LI XIN/FOR CHINA DAILY

Interestingly, Re/code notes that the spin off could make PayPal a possible acquisition target, with Google mentioned as one possible suitor.