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It is a smart move by Microsoft to try to win the hearts and minds of startups to its cloud-based platform at the earliest stages, an arena that has long been dominated by Amazon.com. (Ironically, Amazon.com is located just across the street from the TechStars Seattle office).

It is possible that the Chinese monetary authority could follow the next Fed move or rate cut, if any, later this year in order to join the global monetary easing cycle, Ming said.

It is hoped that the FTZ will help accelerate reform at local State-owned enterprises. Liaoning posted the poorest economic growth among all provincial regions last year.

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It is expected to make a first landfall in areas from Qionghai of Hainan to Dianbai of Guangdong province from Wednesday night to early Thursday morning.

It is estimated the local government would provide additional funding of over 900 million yuan to the pension scheme, which will benefit more than 15 million elderly rural and urban residents, Li said.

It might not have a substantial impact on turning the energy companies' losses into gains, he said.

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It is true that tackling and recycling the mounting domestic solid waste in China will be an ever daunting task. But facing such a challenge reflects China’s determination to embark on a more environmentally sustainable path, rather than pursuing economic growth at all costs.

It revealed that around 66 percent of the respondents believe "the sense of achievement" is the strongest driver of work enthusiasm, followed by salary incentives.

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It marked the first time the United States conducted an intermediate-range cruise missile test after it withdrew from the INF Treaty three weeks ago.

It named three municipalities and three provinces as test beds for an experiment in online nursing, and suggested other provinces could nominate cities as test beds if they felt cities were suitable. The pilot period lasts from February till the end of the year.