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Banks from emerging economies are boosting their presence in infrastructure activities under the Belt and Road Initiative, with bankers vowing on Monday to seek closer partnerships for project financing.

BYD has delivered 137 electric buses in the US and Canada since 2013, including more than 75 delivered this year.

Bayer's Stivarga became the first new drug for liver cancer treatment this year after Nexavar was approved in China 10 years ago, for helping to significantly extend the overall survival of Chinese patients with the disease.

Bain noted that the conflict between the lack of parking lots and the growing number of cars has become a severe problem in China, which also opens up new opportunities for the parking industry.

BUENOS AIRES — Jack Ma, the founder and chairman of China's e-commerce giant Alibaba, on Tuesday credited backing from the government for the country's booming e-commerce sector.