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The company calls the Smart Coffee brand the "digital engine" of its transition to a global mobility company. The first model to feature the system will be a Wey model, Great Wall Motor's upscale marque.

The combined expenditure on development in the past two years before filing an application to build a plant should be no less than 200 million yuan (.12 million).

The combined space of transacted residential properties in Beijing, Shanghai, Guangzhou and Shenzhen was 2.4 million square meters, down 17 percent month-on-month, or 46 percent year-on-year, according to data from China Real Estate Index System, Beijing-based real estate market information provider.

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The commission will continue to strengthen oversight of the sector to maintain the progress made, it said.

The company and its subsidiaries' total interest expenses increased by 48.7 percent to hit 32.76 billion yuan. The rise was primarily due to a significant increase in the size of borrowings year-on-year, according to the interim results announcement.

The combined effect of a rising dollar and higher borrowing costs has pared demand in key emerging market economies and made investors shun risky assets aligned with the global economy, including crude oil and equities.

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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 colored QR codes, run on platforms provided by private Chinese companies, indicate the health status and travel history of individuals and have played an important role in helping the country contain the spread of COVID-19.

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The company also announced the start of its A round of financing at the launch event. It has received more than 30 million yuan of financing from investors such as Palit Asset Management Co Ltd and K11 Art Mall so far.

The company has gained market share across the US, China and Europe, with the UK and Germany recording growth of 30 percent and 32 percent respectively. The overall passenger car market in the US declined by 2.0 percent in first half, while China and Europe fell by 9.3 percent and 3.1 percent respectively during the same period.