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Despite increased output, Sinopec's earnings before interest and taxes were only 18.61 billion yuan in its oil refining business, down 52.8 percent year-over-year from 39.43 billion yuan due to higher crude procurement expenses. That in chemicals dropped 27.2 percent year-on-year from 18.91 billion yuan in the first half of 2018 to 13.78 billion yuan in the first half of this year.

Demonstrations in the capital gathered some 25,000 protesters, according to figures from the national police force.

Despite slightly declining by three points from last year, the 2019 index remains "at a relatively high level," according to the Belt and Road Infrastructure Development Index Report 2019.

Delegates included county-level local government officials from Sichuan, Fujian and Henan provinces and Inner Mongolia, seeking further cooperation opportunities with European countries.

Depending on market developments, VW hopes to sell three million battery-only vehicles a year in 2025. But they will face stiff competition in what is turning into a cutthroat market.