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The new upper midscale brand with Hyatt will be run by the joint venture, and both Hyatt and BTG will provide their resources－the international management experience and quality control from Hyatt and the large local network from Home Inns－to help the new brand to take off, Sun said.

The new board, proposed in November 2018 and approved in January, will provide direct financing support for tech companies and help the world's second-largest capital market spearhead a new round of reforms.

The negative opening ended a three-day rally. The Dow gained about 1,300 points Thursday, or 6.4 percent, to cap its strongest three-day gain since 1931. The average of 30 blue-chip stocks had gained about 20 percent in the last three trading sessions, meeting the definition of a bull market.

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The new rules clearly state that lawyers can report any violation of their legal rights - including the right to meet clients, collect evidence, read files, make appeals or file complaints to local association branches, judicial administration departments or a higher prosecuting department - and that these reports must be accepted and responded to quickly.

The new financing will help ease its pressure in large-scale delivery of products, increase its cash flow and meet the demand of purchasing, said Liu Guoqing, founder and CEO of the company. It will also be used in research and development of high-level automatic driving technologies.

The newly revised regulation submitted by the city's legislative body was approved at the 17th session of the Standing Committee of the 13th Hubei Provincial People's Congress on Friday, which aims to intensify the management of "uncivilized behavior" from its subway.

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The new area, along with Zhangjiakou — where the 2022 Winter Olympics will be held — will become two driving forces for Hebei's development, He said.

The new research institute will develop the advanced technology for smart supply chains and boundaryless retail, as well as exploring the industry model at the core of smart cities.

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The new agreement, known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), was signed on March 8 in Chile by Australia, Brunei, Canada, Chile, Malaysia, Mexico, Japan, New Zealand, Peru, Singapore and Vietnam.

The new joint venture will focus on business operations in property and asset management, as well as integrated facility management.