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Chinese electric car startup Nio has survived difficult times thanks to growing sales and enviable brand loyalty, but it is still in urgent need of money, said a senior executive.

Chinese religious groups have established friendly relations with religious organizations in more than 80 countries based on the principles of independence, equality, friendship, and mutual respect, and played an active part in international conferences involving diverse cultures, beliefs and religions. Chinese religious groups participate extensively in activities run by international organizations including the World Council of Churches, World Fellowship of Buddhists, Muslim World League, and World Conference on Religion and Peace, as well as conferences set up by the United Nations Human Rights Council, and bilateral and multilateral dialogues on human rights. Chinese religious groups have responded actively to the Belt and Road Initiative, working to promote closer ties between people and the linking up of cultures. Chinese Buddhist and Taoist communities have held four World Buddhist Forums and four International Taoism Forums respectively, which have become important international platforms for the communication of Buddhism and Taoism both at home and abroad. The China Islamic Association organized the China Islamic Culture Expo & Art Show in Turkey and Malaysia in 2012 and 2014 respectively. Chinese and American Protestant organizations held the Second China-USA Protestant Church Leaders Forum in Shanghai in 2013, and the China-US Church Symposium in the US in 2017. In 2016, the China Islamic Association, China Christian Council, Chinese Catholic Patriotic Association, Bishops Conference of Catholic Church in China and Union Evangelical Churches in Germany jointly hosted the China-Germany Inter-religious Dialogue??Peace & Sharing in Germany. Since China's adoption of reform and opening up in 1978, Chinese religious groups have sent more than 1,000 people abroad to study.

Chinese consumers continued to buy high-end luxury bags, clothes, jewelry and wines in China due to international travel curbs. Total sales of luxury goods are set to rise by 45 percent on a yearly basis to 44 billion euros ( billion) this year.

Chinese embassy's Economic and Commercial Counsellor Jin Yuan met on Wednesday with Senen Perlada, Philippine Department of Trade and Industry Export Marketing Bureau Director. During the meeting, both have agreed to hold three roadshows of the CIIE in March. The first roadshow will be held on Mar 16 in Metro Manila, the second one will be held on Mar 20 in Cebu, the second largest city in the Philippines and the third one will be held on Mar 23 in Davao, a major city in the southern Philippines.

Chinese companies' continuous investment in research and development will help them gain more technology breakthroughs over the next five years to better enrich the world's industrial and supply chains, senior business executives said on Wednesday.