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At the same time, demand for cement, steel and some other construction materials will surge. But insurance stocks could fall on worries that claims could soar. Any resultant heavy settlements could lower insurers' profits, affecting sentiment toward their shares, he added.

At the age of 89, Yuan Longping, also known as the “Father of Hybrid Rice”, is still going strong. On Sept 29 this year, after receiving the Medal of the Republic in the Great Hall of the People in Beijing, Yuan spoke at a seminar at the Chinese Academy of Engineering in the afternoon, saying he was greatly honored to receive the award, but still had two major missions to accomplish - he hopes to achieve a hybrid rice yield of 18 metric tons per hectare by the end of this year, and transform at least 6.7 million hectares of China’s saline wasteland into breadbaskets. Almost half a century has passed since Yuan developed the first strain of hybrid rice in 1970. The nation has witnessed many tremendous changes, but one thing remains the same – on most days when the decorated agriculturist is not away, he is busy working in the rice paddy at a hybrid rice research center in Central China’s Hunan province.

At the Great Hall of the People in Beijing, Xi met with leaders from nine African countries on Thursday. The guests said Xi meeting with almost all African heads of state and heads of government shows the great importance China and Africa attach to each other.

At the news conference following the Fed's decision to cut rates, Powell said, "We're never going to consider any political considerations whatsoever. And it's very important the public understands that."

At the age of 36, Wang Fei took up the reigns at a upmarket Chinese restaurant in London's iconic Shard building.