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Schaaf said there are many growth points for the group to invest in projects related to the Belt and Road Initiative, and its branches in Southeast Asia have done well under the initiative.

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Scheduled progress has been made in 27 major projects, including the Beijing-Shenyang passenger line and Hangzhou-Huangshan high-speed line, the CRC said.

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Scrapping the growth target this year does not mean that China will cease reform and opening-up, supply-side structural reform or high-quality development. On the contrary, it signifies clearer goals need to be achieved.

SYDNEY - Australian low-cost airline Tigerair announced its formal closure due to pressures the company faced amid the COVID-19 pandemic.

Satellite monitoring shows that global average carbon dioxide concentrations in 2016 increased by 3.2 ppm year-on-year from 2015, while in China it was up by 3.7 ppm.

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Sanitation workers and volunteers disinfect streets on Friday that had flooded in Hengshan county, Hunan province. XIA WENHUI/XINHUA

Sales for the first six months of 2017 totaled 14.9 billion Danish kroner (.4 billion), down from 15.7 billion kroner for the same period last year, according to its half-yearly financial report.

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Scholars also point out that breakthroughs in astronomy, such as China's dark matter particle explorer Wukong, or Monkey King, which was put into operation in 2016, and the detection of gravitational waves from black hole mergers or collisions by the Laser Interferometer Gravitational-Wave Observatory, or LIGO, in the United States that same year, have attracted more people from the younger generations to pursue knowledge in this area.

Samsung tops the list of influential foreign brands in Chinese market, followed by Apple, Hyundai Motor Group, Panasonic, LG, Canon, and Toyota, according to the China Brand Influence Research Report.