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Domestic firms registered in the free trade port will be encouraged to raise funds by issuing shares abroad. The free trade port will also offer tax benefits for firms operating in sectors such as tourism, modern services, and new and high technology by exempting enterprise income tax for the income from their direct investment overseas.

Dogs are a big deal at Amazon. There are more than?2,000 of them?registered at the company’s?headquarters in Seattle, where?reception desks are stocked with biscuits and some water fountains around campus are set at dog height. Amazon even has a special page on its website —?“Meet the dogs of Amazon”?— that profiles more than 30 pups.

Despite the sales slump in the NEV sector, BYD reported a sales rebound for gasoline-powered vehicles. During the first seven months, the carmaker sold 114,233 gasoline-powered vehicles, up by 17.96 percent year-on--year.

Distilled in the town of Maotai in Southwest China's Guizhou province, Moutai is one of the country's leading liquor brands and often served at state banquets.

Ding Shuang, an economist with Standard Chartered, said higher holdings of US treasuries can be profitable for China as the US currency is expected to rebound by the end of this year.