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By making more expensive iPhones, Apple has been able to boost its profits despite waning demand as people upgrade phones less frequently. IPhones fetched an average price of 4 during the April-June period, a nearly 20 percent increase from a year earlier.

By far, the United States remains the worst-hit nation by the COVID-19 pandemic, both in terms of the number of cases and its death toll.

CCCEU Chairwoman Zhou Lihong noted that the conclusion of the agreement offers an uplifting example of international economic cooperation affected by protectionism and unilateralism; and it also boosts confidence in global recovery of economies hit by recession amid the COVID-19 pandemic.

By the end of last year, China had included 43.17 million people in the network for minimum subsistence allowances, helped 4.69 million extremely poor people cover basic expenses such as food, housing and healthcare, and offered care and protection to 242,000 orphans, the Ministry of Civil Affairs said.

CGN, the largest nuclear power operator in China, set up CGN Europe Energy on June 30, 2014, in France, focusing on a variety of businesses including investment, acquisition, development, and operation of European renewable energy projects in the fields of offshore and onshore wind power as well as solar power.