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Among the investment opportunities it mentioned, the new energy vehicles industry, including cars, buses and charging services, will reach 14 trillion yuan, and the indoor air purifying industry will reach 1.7 trillion yuan by 2030.

Among international retailers, Walmart and Carrefour have begun to see market share recovery on a quarterly basis though they are still closing non-performing stores; they are proactively reformatting their existing stores to be more competitive and appealing to shoppers, according to Kantar Worldpanel China.

Ambarkar said some people were also feared injured as authorities launched a rescue operation amid heavy cross-border shelling.

Amid a worldwide industry slowdown, no single player in the car industry would be spared, Ferdinand Dudenhoeffer, automotive expert at the Center for Automotive Research under the University of Duisburg-Essen, told Xinhua, adding that Germany should open up its market more for Chinese companies.

Amid efforts to better leverage corporate bonds to support the real economy, China began implementing a registration-based system for the public issuance of corporate bonds starting from March, and unveiled regulations on processing and approving bond issuance applications.