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But the country still trails advanced economies in fundamental research. Various surveys point to the fact the number of patents, research papers and talent in fields from AI and robotics to electric vehicle batteries lag behind those of the United States, Japan and Germany.

By 2040, 44 percent of the nation's total households will have people age 65 or older. More importantly, 40 percent of those will be single-person households.

But the Taliban denied responsibility for a bomb blast at a football ground in Khost in eastern Afghanistan, where three brothers were killed.

By 2018, the company has businesses in over 60 cities as a whole, with 257 independent stores in 44 cities, 931 distributors and more than 3,000 additional points-of-sale.

Buying back stocks, which reduces the number of shares outstanding, is expected to improve the earnings per share ratio, because the company's annual earnings are then divided by a lower number of outstanding shares.