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Global management consultancy Bain& Company attributed the negative sales growth of luxury products in Hong Kong to the ongoing protests. According to Bain's 18th edition of the Bain & Company Luxury Study, the consumption of luxury goods in Hong Kong fell by 20 percent in 2019 to 6 billion euros (.71 billion).

Giant pandas are one of the world's most endangered species and live mainly in the mountains of northern Sichuan Province as well as southern Gansu and Shaanxi provinces. A national survey released in February 2015 showed that as of the end of 2013, China had 1,864 wild pandas and 375 living in captivity.

Gill said that another batch of prisoners would be released next week to free up anywhere from 150 to 200 beds to house those accused of violent crimes. Releasing inmates, he said, will also allow for more space if coronavirus does spread in the jail and it becomes necessary to quarantine certain inmates.

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Glenn G. Penaranda, commercial counselor at the Philippine embassy in Beijing, sat down with China Daily recently to talk about China's development, the Belt and Road Initiative (BRI), and the country's business environment.

Girl band Rocket Girls 101 performs

Ge said that e-commerce should play an important role in poverty alleviation and China has seen rural e-commerce become an important driver of rural economic development.

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Gerado Mato, chairman of global banking and markets in the Americas at HSBC, applauded the fact that China and the US are returning to the negotiating table. But he added that the potential trade conflict and rising uncertainty and political risks "can cause more damage in the long run than we can expect today".

Generally speaking, it was a solid year for tech stocks, with the Nasdaq up 14 percent on the year. And those gains came even with a battered Facebook IPO, a hard-fought presidential election and a looming fiscal cliff.

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Global insurance premiums passed the 5 trillion dollar mark for the first time in 2018, equivalent to more than 6 percent of the world's gross domestic product, the report said.

Global companies are welcomed to bid with their ideas for a 30-square-kilometers area at initial stage, said Niu Jingfeng, deputy director of Xiongan New Area preparatory committee.