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Commercial endowment insurance, which serves as the third pillar of China's pension system, will be put under unified standards and regulations, and its development will be stepped up. The protection function of commercial endowment insurance shall be intensified. Endowment insurance featuring convenient application, flexible payment and relatively stable earnings shall be supported, and pension annuity insurance products actively developed. The insurance sector is encouraged to participate in a pilot insurance scheme for long-term care.

Confronted with the huge market potential, Man Kin-fung, CEO of Global E-sports, a local e-sports company that owns PandaCute, the city's first female e-sports team, decided to take a headlong dive into the burgeoning industry.

Concerning markets of Vietnamese tourism in the first four months, China maintains the largest one with 1.271 million person-times during four-month period, followed by South Korea (701,837 person-times), Japan (261,571 person-times), Russia (230,946 person-times) and the United States (228,521 person-times) among others.

Coal mining prices gained 39.6 percent, with the growth unchanged from February.

Companies can apply for a voucher at the science and technology entrepreneurship service center of the department multiple times in a year. The annual limit of issued vouchers for science and technology for small and medium-sized enterprises is 100,000 yuan (,077), while the limit for startups was set at 50,000 yuan. The innovation voucher must be used in the same year of application and will be invalid if it has expired.