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The collected trash is recycled and the money collected from the sale of the recycled wastes is spent on the teaching facilities. Yet that money hardly meets all the school's expenses. But its unique initiative has attracted many environment-conscious people who have donated funds.

The company achieved growth in both sales volume and revenue last year. Its total sales revenue increased 10.7 percent in 2017 and overseas revenue increased 21.3 percent.

The company expanded its oil and gas reserves and production at a steady pace in 2018, while strengthening its cost control. Net profit of the company reached 52.7 billion yuan in 2018, up 113.5 percent, compared with the same period of the previous year.

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The company commands a 48-percent share of the global industrial enzymes market. Its products are widely used in sectors like household care, food and beverages, agriculture, bioenergy, textiles, and waste water treatment.

The company attributed its success to the strong performance in e-commerce sales, especially the surge during China's Singles Day, an online shopping carnival held on Nov 11 every year, as well as "the capability to meet consumers' increasing and more diversified demands".

The combined size of committed capital at all 52,403 PE and venture capital (VC) funds registered with the regulator topped 12.28 trillion yuan (.8 trillion) as of April, rising by 380 billion yuan in that month alone, said the Asset Management Association of China (AMAC).

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The co-founder of the Quantum Fund, who is an unabashed supporter of fintech, said that traditional banks must invest heavily in technology-sector infrastructure development to improve their situation.

The company has developed its strategy to continue organic growth by adding manufacturing capacity in North America.

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The commercialization of 5G in China is expected to generate a direct economic output of 10.6 trillion yuan (.5 trillion) from 2020 to 2025, plus an indirect economic output of about 24.8 trillion yuan, while directly creating more than 3 million jobs, according to a report from the China Academy of Information and Communications Technology, a government think tank.

The clashes between the two countries over Nagorno-Karabakh, the heaviest since 2016, have reignited concern over stability in the South Caucasus region, a corridor for pipelines carrying oil and gas to world markets.