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Daniel Qin, senior analyst at blockchain research and analytics firm TokenInsight, said blockchain technology is also playing an important role in data tracking for electric vehicles.

Data from the SAFE indicated that, by Sept 23, the foreign exchange regulator had approved 7.34 billion total quota of QDII, and .36 billion quota was already allocated to 18 institutions, including fund management, securities and wealth management companies.

Dai Songyuan, dean of the school of renewable energy in North China Electric Power University in Beijing, has been removed from his post over sexual harassment on Thursday. [Photo/xc.hfut.edu.cn]

Debt-ridden and loss making state-owned "zombie companies" are reorganized via mergers and acquisitions or face bankruptcy according to market rules. Some have begun to carry out mixed-ownership reforms to improve competitiveness. Of the 19 state firms piloting the reform, seven have brought in more than 40 investors and the injection of over 90 billion yuan.

Danny Marks, assistant professor of environmental studies at City University of Hong Kong, said that only 9 percent of the world's plastic is recycled. As such, most of the bottles and masks cannot be reused and will end up polluting the environment.