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As one of its long-term strategies, Li said the company is thinking of doing a strategic alliance or investment with one of the top universities in the US or other developed country.

As of April 26, among the eight coal companies that released their first-quarter financial report, seven said their net profits saw large increases, except Henan Shenhuo Coal & Power Co Ltd.

As of Monday, over 90 percent of enterprises and companies above a certain designated scale in East China's Zhejiang province had resumed production, according to a news conference held by the State Council Information Office. In addition, over 90 percent of exporting enterprises with an average exporting volume of above million have resumed production, the Ministry of Commerce said.

As more people arrived in Longtan, Lin reopened the elementary school and invited his friends and qualified new inhabitants to teach.

As of the end of 2017, there were 1,013 units of overseas banks in China, increasing at an average annual growth rate of 13 percent over the last 15 years. Their total assets grew more than tenfold from 2001 to 3.2 trillion yuan (1 billion), according to the China Banking Association.