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As China's electric fleet is expected to swell to 162 million vehicles by 2040, according to forecasts by Bloomberg New Energy Finance, it's important to help EV users charge their cars wherever they go.

As China has taken multiple measures to contain the virus outbreak and ensure work resumption in an orderly manner, the country's economy is expected to be one of the few likely to grow this year.

As Lance explained, small and medium-sized enterprises in the private sector are likely to account for the most layoffs this year, which is largely due to the difficulty in financing. Some larger companies will downsize their head count this year as they may have expanded faster than they should over the past few years, he said.

Apple CEO Tim Cook, Alphabet (parent company of Google) CEO Sundar Pichai, Amazon CEO Jeff Bezos and Facebook CEO Mark Zuckerberg were asked during a House Judiciary subcommittee investigating the practices of major US technology companies whether they believed the Chinese government was stealing intellectual property from American companies.

Around 44.43 million tons of steel was exported in the first ten months, down 19.3 percent year-on-year, narrowing the decline by 0.3 percentage points from the first three quarters.