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Little Pebble was born in Changchun, the capital of Northeast China's Jilin province. When he was 14 months old, he was diagnosed with nephrotic syndrome, a condition caused by kidney damage.

Liu Junhai, a professor of business law at the law school of the Renmin University of China in Beijing, believes that the rule has made up for the vacuum in China's personal bankruptcy legislation. "Currently, enterprises can go bankrupt, but owners cannot," he said.

Lithium-ion batteries with a greater life span and power density, are the most favored power batteries. They are regarded as a critical alternative to meet the higher demand from the new energy sector.

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Liu said by the end of 2017, China was home to 213,903 public charging poles and 231,820 private ones.

Liu said money raised will primarily be spent on major projects currently underway and addressing weak links.

Liu said at a news conference after the meeting that the framework takes care of the interests of all parties and has provided "a flexible political environment" for the next phase of consultation on the COC.

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Liquidity was at a "moderate level," which can offset the influence from factors such as maturing reverse repos, the People's Bank of China (PBOC) said on its website.

Listed technology firms 'would be the biggest beneficiaries' of revised rules

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Lin is just one among the increasingly growing group of young tech-savvy people who are interested in this new business, which is gaining traction in China.

Lis Rosyita Dewi, from the Great Indonesia Movement Party, said that in the next five years Indonesia is set to invest more in education and training, focusing on human resources development.