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The document said that new energy cars were expected to be a key area in building China from a "big" auto power to a "strong" one.

The decision by BASF to set up one of its largest plants in Guangdong is another milestone in German-Chinese economic relations, she said.

The department of commerce in Zhejiang province said the area has become a popular destination for foreign investors and the growth of its foreign direct investment has outpaced other coastal provinces in the first six months of the year.

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The development of the Guangdong-Hong Kong-Macao Greater Bay Area will give Macao a great opportunity to diversify its economy, Senior Strategic Analyst with the Bank of China's Macao branch Ding Meng told China Daily. He said he hoped Macao can maintain the momentum of economic growth by staying open and inclusive, and diversify its economy by boosting the financial industry.

The decision was made at the first plenary session of the 19th CPC Central Committee on Wednesday.

The delegation includes banks HSBC, Standard Chartered, CitiBank, and JP Morgan, investors Standard Life Aberdeen, Barings and Green Investment Group, law firms Linklaters and DLA Piper, and accountancy firms KPMG, Deloitte and PwC.

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The district government plans to provide 4 billion yuan this year to improve the quality and efficiency of the economy, he added.

The display panel division was believed to have had a weaker profit in the quarter amid lower LCD panel prices and a soft profitability in the OLED panel sector.

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The demand and supply of medical goods in Hubei province, center of the novel coronavirus outbreak, are in a delicate balance, and China will encourage more medical supply companies to resume and even enlarge production capacity, the country’s top industry regulator said on Monday.

The direct flight ticket from London to China, in an economy seat, will cost between 30,000 and 40,000 yuan (,253 and ,671), with a seat in business class ranging from 50,000 to 60,000 yuan.