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Demand for "new-energy" autos, however, including plug-in hybrids and electric vehicles, is soaring in China. About 126,000 new-energy vehicles have been sold, an 85 percent year-over-year jump, according to a March report.

Deng Xueping, lawyer of Tang Jihai, Tang Lanlan's father, said on Friday that he would continue helping his client appeal to the Supreme People's Court and the Supreme People's Procuratorate. The father was given the heaviest punishment — lifelong in jail.

Demand for lithium batteries will continue to rise as the world switches to electric cars.

Despite disruptions due to COVID-19, the country's fintech innovations continued to provide better solutions for individuals, the real economy and social development, with the support of information technology including cloud computing, big data, artificial intelligence and mobile internet.

Despite being the leader of plant-based protein suppliers, Beyond Meat has less than 1 percent of the market share in the meat category, and it is predicted that it could take as long as 15 years for plant-based meat producers to take the above-mentioned 13 percent market share, Goldman added.