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Competitors seldom back each other unless a decision threatens the foundation for all businesses to benefit from an open and fair competition.

Companies from Marriott International Inc to Starbucks Corp reported strong second-quarter growth in China, as the rest of the world pulled back.

Compared with other Tesla models, the Model 3 offers a more compact and low-priced option, with a starting price of 433,000 yuan (,300). Earlier this month, prices of several other Tesla models were further reduced to attract more customers.

Community correction is designed to rehabilitate criminals who received relatively lenient punishments and to help them better integrate into society.

Commercial banks will increase their lending to small businesses with a solid tax payment background to further ease the shocks from the COVID-19 pandemic, tax authorities and the banking regulator said on Wednesday.