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To the surprise of many in the industry, sedan sales in May leaped up by 12.1 percent on the same period last year to 940,000 units, while the SUV segment seemed to lose momentum, growing 6.5 percent year-on-year to 761,000.

Today, China's development is marked by urbanization, middle-income group expansion, rising consumption, and trends that could potentially boost cooperation and trade through economic complementarity, especially between China and Argentina, Bustelo said in a recent interview with Xinhua News Agency.

To support development of the pilot zone, the central government has offered a number of preferential policies under which foreign companies will be able to set up medical organizations in the zone and foreign doctors will be allowed to practice there for up to three years.

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To solve the problem, aerospace company One Space aims to develop its first rocket, Xinshi 1, which is expected to blast off next year.

To revive the firm, China Fangda Group built up a new mixed equity structure of private capital, State-owned capital and equities held by employees after it became the controlling shareholder.

To materialize such a grand experiment, Beijing has put forward the Belt and Road Initiative that seeks to improve infrastructure in countries joining the program and strengthen their industrial capacity so that they can have the fundamentals to grow their economies.

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To solve this problem, Qingdao has launched a series of market-oriented reforms to prepare new growth engines, including developing the industrial internet and establishing a market allocation promotion office in 17 government departments dealing with economic affairs.

To learn more about why Chinese teens participate in the tours and the factors that influence families' decisions to send their children on these excursions, UI researchers interviewed 30 Chinese adolescents who had traveled on a group study tour within the prior three years and 20 of their parents.

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To this end, anti-corruption efforts in financial fields should be stepped up, particularly in key projects, areas and positions that concern the overall development and security of the country, he said.

To support this continued development, a large extension to the manufacturing plant in Tianjin will be completed in 2020. This major investment will allow the plant to more than double its production capacity.