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Xuelingwei village in Fujian's Zherong county is famous for its unique style of papercutting, and has been developing itself as a destination for cultural tourism based on art activities and exhibitions.

Xu started his video channel as a hobby 18 months ago and it now has around 117,000 followers. Most of them keep in close contact with Xu and actively interact with him online.

Yang Xueliang, vice-president of Geely, shared pictures on Sina Weibo on Wednesday of the carmaker's Farizon-branded electric van serving as an ice cream vending vehicle.

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Yang said Wong is one of the chief culprits challenging the bottom-line of the "one country, two systems" principle and threatening the stability and development of Hong Kong. He has been advocating for "Hong Kong independence", openly claimed Hong Kong is not part of China and begged for foreign interference in recent unrest in Hong Kong.

Yale Zhang, managing director of Automotive Foresight (Shanghai), said earlier that: "Both partners will have a stronger say in the Chinese market, since they are starting their second joint venture in the country."

Xu, the former PBOC official, said: "In recent years, there have been some cases that have proved that some blockchain applications are not feasible. In particular, the modern financial system continues to absorb various technological innovations in the development process."

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Xue Qikun, winner of first prize in the State Natural Science Award, inspects equipment in his lab at Tsinghua University. [YUAN JIE/FOR CHINA DAILY]

Yan said since China began implementing the rule of recalling defective cars in 2004, carmakers have announced 1,548 recalls, involving a total of 56.74 million vehicles.

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Ye Jianming, chairman of CEFC China Energy, meets with deputy chairman of Rothschild & Co Alexandre de Rothschild at CEFC China's Shanghai headquarters on May 10, 2017. [Photo provided to chinadaily.com.cn]

Yang Delong, chief economist at Shenzhen-based First Seafront Fund, said that the detailed timeline to remove the foreign ownership cap on mutual fund management companies, futures companies and securities firms, which was announced by the China Securities Regulatory Commission on Friday, will also provide a strong impetus for a rally in the A-share market.