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Compared with traditional banks, online banks have outstanding advantages in providing financing for SMEs. First, they do not need to meet directly, and second, they can also do risk control without mortgage assets.

Commenting on the earnings figures on Wednesday, chief executive officer Herbert Diess highlighted the commercial resilience which his company had demonstrated in a challenging industry environment. "The Volkswagen Group has developed successfully in the first-half year of 2018. Revenue and profit growth was very solid", a statement by Diess read.

Compared with the service industry, whose demand has been reduced due to the epidemic, the situation of industrial production activities is even more distressed. Due to the epidemic, the contradiction between supply and demand in industrial production activities is quite prominent.

Commuters between Nantong and Shanghai no longer have to go to Nanjing to transfer.

Compared to their western peers, China's Generation Z spend more on clothing and technological products including mobile phones and media subscriptions, said Wang Chong, a partner with OC&C.