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Highlighting Chinese President Xi Jinping's speech on opening up and cooperation, Standard Bank economist Jeremy Stevens, who attended the BRICS Business Forum on Sunday, said Xi's remarks reminded the whole world of the vital significance of openness and inclusiveness to growth when protectionist measures emerge.

The industry is expected to earn 10.3 billion yuan in revenue this year, a 736-percent increase from 1.2 billion yuan in 2016, according to a report from iMedia Research. It estimated the number of shared-bike users in China will hit 209 million this year, compared with 28 million last year.

The Japan Coast Guard has set up a response unit and sent three patrol vessels to the area where the accident happened.

The company has set up branches in the United States, Germany and Singapore. On October 20, it announced that it had secured around 10 million yuan in financing from angel investors.

BEIJING, Oct. 31 (Xinhua) -- China's top legislature is mulling a revision to the law on rural land contracts in the face of fast urbanization and increasing demand to transfer rural land-use rights.