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To further expand its market share, the company will seek alliances with capable local enterprises familiar with the local business environment, he added.

To be sure, compared with many of its peers, Shanghai Airport boasts stronger profitability and growth prospects. Its trailing 12-month sales grew 17 percent year-on-year, still beating 84 percent of its peers, according to data compiled by Bloomberg. Its trailing 12-month earnings growth of 33 percent is higher than 68 percent of those peers, while it is still trading at a steep discount to overseas airport operators like Sydney Airport and Airports of Thailand PCL.

Tmall leads online purchases of luxury goods on the Chinese mainland, with 60 percent of respondents acknowledging that they buy luxury items on the platform. E-commerce through official-brand websites gains momentum, the rate of shopping through the brands' official websites is quickly increasing, reaching 48 percent. Ranked third is JD.com.

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Timely event

To facilitate recycling, new energy car battery producers should adopt standardized and easy-to-dismantle designs, and share information about battery controlling systems' interfaces and communication protocols, according to the guidelines.

To address the US trade deficit with China, it makes a lot of sense for the US side to lift the ban on exports of high-tech products to China in areas such as clean energy, Zhou said.

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To date, China has 55 unicorn companies out of a total of 214 globally, with Alibaba's Ant Financial and Didi Chuxing topping the list, according to data released by CB Insights, a US-based venture capital database.

To build a woolen felt sculpture, the wool must be poked continuously until it becomes a round or cylindrical base onto which colorful wools, cottons and other materials can be added to achieve certain designs.

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To curb the spread of the epidemic, China on Thursday morning locked down central China's Wuhan city, the center of the novel coronavirus outbreak, and is mobilizing medical staff and resources nationwide to aid the city and control the epidemic.

To date, more than 620,000 people in Canada have been tested for COVID-19, according to CTV.