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Democratic presidential nominee  Joe Biden said that if he is elected, he will form a bipartisan commission to recommend changes to the Supreme Court. He made his comments in in a one-minute released clip from his CBS 60 Minutes interview.

Derrick Xiong, co-founder and CMO of Ehang, said that he came to SXSW for the first time three years ago. Compared to other tech events like CES, he found SXSW very refreshing and said its influence was growing.

Demand for bank loans increased in the second quarter with an index for the same rising to 75.8 percent, up 9.8 percentage points on a quarterly basis, according to another survey released on Friday.

Despite the impact of the novel coronavirus outbreak, more than 70,000 Hongqi cars were sold in the last six months as the company expanded its online and offline sales channels. In June alone, 15,400 cars of the brand were sold, representing a 92-percent year-on-year growth.

Despite its boom, the used car sector has a long way to go in China. Some 2.79 million used cars were sold in the first quarter, equivalent to 39 percent of total new car sales in the same period, basically the same level as in last year.