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As of Friday, all of Hilton's 250 hotels in China's mainland have resumed business, said Qian Jin, area president for Hilton Greater China and Mongolia, adding that there were 150 Hilton hotels temperately closed to new bookings during the COVID-19 outbreak.

As new retail modes develop rapidly, Guangdong also now occupies the top spot in online retail.

As part of its anti-pollution efforts, the government decided to phase out and halt such imports by the end of 2019, except for those containing resources that are not substitutable.

As investment flows into infrastructure and digital interconnectivity, the BRI addresses development bottlenecks while respecting other nations' legal frameworks, he said.

As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores. It said the stores will close in phases throughout the Chapter 11 process and details of the first phase will be disclosed in the coming weeks. Penney is the biggest retailer to file for bankruptcy reorganization since the pandemic and joins luxury department store chain Neiman Marcus, J.Crew and Stage Stores. Plenty of other retailers are expected to follow as business shutdowns across the country have evaporated sales. In fact, U.S. retail sales tumbled by a record 16.4% from March to April.