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Chuangyuan's board secretary informed shareholders in an interaction on Dec 4 that for the company's US subsidiary, competitors are few and far between. So, the risk of stiffer competition due to lower corporate tax rates, which typically encourage launch of new businesses, is minimal.

Citing statistics from the National Development and Reform Commission, the report said in the past month, the economic planner approved infrastructure construction projects with an aggregated investment of 500 billion yuan ( billion), which mainly involves inter-city railway, rail transit and airports.

Climate change being a global challenge, the world needs a global strategy based on carbon pricing.

Chris Reinhardt, great grandson of John Rabe, a German businessman who helped protect Chinese citizens during the massacre, attended the summer camp with his 16-year-old daughter Angelina Reinhardt to know more about their forefather.

Citing her 14-year experience at the WHO, Chan pointed out that countries that had undergone color revolutions would always end up in bad conditions.