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"Cutting the RRR is necessary, as the borrowing costs in the interbank system have risen recently and the small and medium-sized banks still need cheaper funds to increase credit for the real economy," said Lou Feipeng, a senior economist at Postal Savings Bank of China.

"Every time I interacted with him, I felt he was very respectful of people," Wang said. "He really wanted to relate and understand the culture and the people behind the food."

"Don't only look at the assets and the plants. Make sure they have strong management, customer recognition, technology or know-how and cost competitiveness."

"Death Notice is an explosive, page-turning thriller filtered through a vibrant cultural lens," is how Doubleday describes the book.

"EHang is working with the FAA to secure approval for a passenger trial flight of the EHang 216 in the near future," said Hu Huazhi, founder and chairman of Ehang.