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BEIJING — China's fixed-asset investment grew 9.2 percent year-on-year in the first three months of 2017, quickening from the 8.9 percent registered in the first two months, the National Bureau of Statistics (NBS) said on Monday. FAI includes capital spent on infrastructure, property, machinery and other physical assets. Private sector FAI, which accounts for more than 60 percent of the total FAI, grew 7.7 percent in the first quarter, accelerating from the 6.7 percent registered in the first two months, according to the NBS. FAI by State-owned enterprises climbed 13.6 percent year-on-year during the period, and infrastructure investment expanded 23.5 percent in the first quarter. In the agricultural sector, fixed-asset investment jumped the fastest, up 19.8 percent year-on-year. It was followed by 12.2 percent growth for the service sector and 4.2 percent growth for the industrial sector. Other indicators released by the NBS on Monday, including gross domestic product and industrial production, pointed to stabilization in the world's second-largest economy.

BTG Homeinns Hotels (Group) Co Ltd one of China's major hotel groups, on Tuesday launched an in-house isolation service in a bid to aid the fight against the novel coronavirus (2019-nCov) epidemic outbreak. [Photo/BTG Homeinns Hotels]

BMW will of er the tantalizing prospect of between 15 to 25 percent of its vehicle range in 2025 being electrified cars, including fully-electric models and plug-in hybrids. Electrified vehicles accounted for around 2.6 percent of group sales in 2016. The German group's vision for 2025 which outlines a promising economic future for premium mobility products and services is in line with China's 15-year new energy vehicle development roadmap, which defines the sector's goals to be reached by 2030.

BMW and State Grid EV Service will conduct technical research on high power charging, which will significantly reduce charging time. Car-charger compatibility in direct current charging will be tested as well, said the two companies.

BEIJING -- Chinese President Xi Jinping on Saturday sent messages to German President Frank-Walter Steinmeier and Chancellor Angela Merkel, respectively, expressing his condolences over the death of former chancellor Helmut Kohl.