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Dubbed "the gym of choice for Hong Kong's financial elite", the Shanghai outlet's annual membership fees start at 13,000 yuan (,034), excluding any private one-on-one sessions.

Dong Ximiao, a senior researcher at Chongyang Institute for Financial Studies at Renmin University of China, said that industry policy should be the core. Once the long-term and relatively stable industrial development goals are set, monetary and fiscal policies should follow that.

Drones that plant seeds, robots that pick fruit, smart boots that absorb data about the health of poultry－they are all innovations in agricultural technology that are swiftly transforming the way food is produced and managed in the 21st century.

During an earlier interview with China Daily, Matthias Zachert, chairman of Lanxess, said China and North America are two markets that will likely see the strongest Lanxess growth in the coming five years. And that growth will be achieved through organic investments as well as acquisitions.

Due to sufficient supply, the office leasing market of major Chinese cities witnessed a significant rent decline in 2019. The vacancy rate reached 20 percent in Shanghai, 22 percent in Shenzhen and 13 percent in Beijing, said Cushman &Wakefield.