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Global investors continued to pile into Chinese bonds, adding a net 52.2 billion yuan in May.

Global cooperation and renewed commitment to multilateralism are needed to restart the global economy while securing public health amid the pandemic, according to government and industry leaders attending an international forum.

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Global oil company BP Plc has accelerated its transition into the new energy vehicle age in China, investing million in the NIO Capital US dollar fund through its BP Ventures arm to support the fund's work in China's new energy vehicle sector.

Germany is making efforts to avoid a second lockdown and not to repeat its policies carried out in spring, German Chancellor Angela Merkel said on Friday.

German premium carmaker BMW said its China sales in April rose 14 percent, following an 88-percent fall in February, when the pandemic was at its peak in the country. Japan's Toyota's Chinese joint venture GAC-Toyota sold 63,607 vehicles last month, up 47 percent year-on-year.

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German chemical giant BASF will invest billion to build a Verbund chemical production site in South China's Guangdong province as its largest investment project to date, according to a company press release.

Given downward economic pressures and other factors, it's getting difficult to bring about a continuous increase in farmers' incomes, Wei said.

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Germany has been China's strategic partner in Europe and bilateral relations and cooperation has continuously made new progress, the premier said.

Geely and Daimler also plan to expand the smart lineup to include compact models, which are seeing growing demand in China. It will also set up sales centers in China and Germany.