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The report, issued by Bloomberg New Energy Finance, said that due to government support and surging demand, by 2025, China will account for 48 percent of the global EV market with sales of roughly 4.8 million units. Subsequently, China's market share is estimated to drop to 26 percent by 2040 or 14.6 million EVs. However, it will still be the largest market in the world.

The sails of the Opera House are lit with images to show support for those affected by the bushfires and to express the gratitude to the emergency services and volunteers in Sydney on Saturday. [SAEED KHAN/AFP]

The reversal by the top court in the case — due to insufficient evidence and wrongful applications of the law — was considered a landmark in protecting the legitimate rights and interests of entrepreneurs.

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The report was released by the McKinsey Global Institute at the World Economic Forum Annual Meeting of New Champions on Wednesday in Dalian. The business and economics research arm of McKinsey & Company forecasted that the impacted economic value may amount to 26 percent of global GDP by the year 2040, depending on whether China and the world can deeply engage.

The rural vitalization strategy must be given priority to ensure that farmers have more sense of fulfillment, President Xi Jinping said in a key instruction released on Thursday.Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, said pursuing a rural vitalization strategy is an important plan made by the Central Committee at the Party's 19th National Congress.The strategy is also a major approach for work in agriculture and rural areas and with farmers in the new era, Xi said in the instruction on the strategy's implementation.The president required all departments and local authorities to fully understand the great significance of the strategy and give priority to its implementation.The secretaries of five levels of Party committees must focus on the implementation of the rural vitalization strategy and make the work a common practice of the whole Party, Xi added.He said rural areas should achieve vitalization in such fields as industries, talent, culture, ecology and Party organization.The farmers' will must be respected in the practice of rural vitalization, and their capability for creation should be encouraged, Xi said. He added that the farmers should have a greater sense of fulfillment during the process of rural vitalization.Premier Li Keqiang said in an instruction that departments and local governments should fully implement the spirit of the Party's 19th National Congress, be guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and carry out the plans of the CPC Central Committee and the State Council.The investment in agriculture, rural areas and farmers will continue to increase, Li said, adding that policies will be implemented to benefit the farmers.Li vowed to deepen supply-side structural reform in agriculture, keep progressing in agricultural technology and build a modern system of agricultural industry, production and sales.Li also called on efforts to innovate in integrated development of rural and urban areas, improve the infrastructure and public services in rural places and improve the environment in rural regions.At a meeting on Thursday that focused on implementing the rural vitalization strategy, Vice-Premier Hu Chunhua said Xi's thoughts on rural work must be learned earnestly and his important instruction on rural vitalization must be implemented.The tasks set by the Rural Vitalization Strategy Plan (2018-22) were further mapped out at the meeting.

The ruins boast strong Roman styles in layout and construction techniques, while the relics including pottery, square bricks and floral decorations on the wall indicate straits of both Central Plain and local cultures, Wei said, adding it reflects the interaction and innovation of Chinese and Western construction traditions and techniques on the Silk Road.

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The rising number of large equipment for astronomical observation and research and international projects where China is playing a leading role are expected to help more Chinese students join this field, according to experts. Such large equipment and projects have given many students an opportunity to experience the implementation of scientific agendas and perform device maintenance and computational operations, activities that were rare in China until a few years ago.

The reusable Dragon spacecraft previously supported two resupply missions in September 2014 and June 2017.

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The round includes a series B1 round which was led by Chinese private equity firm CDH Investments and a B2 round led by Sailing Capital. Other investors include China International Capital Corporation (CICC), China Everbright Holdings, China Renaissance, and China Merchants Securities (Hong Kong).

The rules that the expert referred to are the "surrogate country approach" under which WTO members could determine whether China is exporting products below market value by comparing their prices with prices and costs in a third country and levy high tariffs against China in anti-dumping investigations.