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Texas as gateway

Tencent Holdings Ltd has been exploring blockchain-based applications in various scenarios, but the technology is still in its infancy, said Pony Ma Huateng, chairman of the company best known for its app WeChat.

That is probably why BYD Co, China's best-selling new energy car producer, is planning to establish a joint venture that produces and sells batteries with Chongqing Changan Automotive Co.

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That is encouraging news for industries from traditional commerce and finance to manufacturing. Physical malls will get immersive online-to-offline solutions at a lower cost, and manufacturers stand to enjoy a digital twin for simultaneous, remote monitoring of production bases with much lower human costs and higher efficiency.

Tesla is likely to face competition besides the Polestar 2, as Porsche announced it will electrify its Macan sport utility vehicle, while Jaguar and Audi also have plans for EVs.

Tesla's Tao said that Lingang has become a dream place for the company. As more favorable policies are introduced, the official said Tesla would like to strengthen cooperation with all parties in the development of intelligent connected technologies and the promotion of electric vehicles.

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Ten years ago, when the World Bank issued the first-ever green bond, it was such a novelty that it only attracted tens of millions of dollars. In comparison, by June 2018, the world had .45 trillion of climate-aligned bonds outstanding.

Ten of the 11 died. The injured passenger is receiving treatment in a local hospital and has no life dangers.

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Thanks partly to these measures, more and more foreign investors have gained access to the country's big capital market by setting up joint venture investment banks and fund management companies, according to Wu.

Temperatures are forecast to soar above 40 C along the south coast on Saturday, bringing the prospect of renewed firefronts to add to the around 200 current blazes.