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Starting from next month, we will cut import tariffs for more than 1,500 industrial goods, which will bring our overall tariff rate down to 7.5%, a lower-middle level by international standards. China will further open its financial services sector. Just as we have lifted foreign ownership caps in the banking sector, we will take similar steps in the insurance and securities sectors in the next three years. By then there will be foreign ventures qualified for full-license, full-ownership operation in the financial sector. China's pursuit of opening-up in greater breadth and depth will provide more cooperation opportunities to the business communities around the world. In the first eight months of this year, total paid-in foreign direct investment in China grew by over 6%. A new round of investment by some multinationals is in the pipelines. Companies from the Netherlands and other European countries are welcome to get a head start in seizing business opportunities in China.

Star Coaching is currently cooperating with Dulwich College, Shanghai Jincai International School and Freesoul Kindergarten to conduct training sessions. Spencer said that the company is looking to enter partnerships with another three international schools in the near future. Plans to work with local schools are also in the pipeline.

Srinivasa joins Amazon at a time when tech giants are increasingly looking to bring in professors from top universities to work on long-term research projects.

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Stadler said four of the ten new models will be fully electric. "In the next five years, we will more than double our portfolio from local production together with our Chinese partner FAW," he said.

Starting with affordable small-sized models, BJEV has tried its best to move upward and has acquired some satisfactory results.

Starbucks shares closed up 0.28 percent at .07 in regular Monday trading on the Nasdaq, but fell to .65 in afterhours trading.

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Starting from Tuesday, some residents in South Korea will receive such artificial intelligence-powered phone calls. It is part of an AI-powered calling system launched by Chinese artificial intelligence pioneer iFlytek and South Korean software company Hancom.

State Councilor and Foreign Minister Wang Yi called on China and Germany to resume cooperation in various areas to ensure stable development of bilateral ties and jointly uphold multilateralism.

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State Council Counselor Qiu Baoxing estimated total funds needed for the comprehensive project across the country could reach 4 trillion yuan (4.5 billion).

State-run and independent refiners alike ramped up crude purchases in previous trading cycles to take full advantage of ultra-low crude prices in the March-May period, it said.