The rapidly growing business has even attracted market leaders in auto imports, like Sinomach Automobiles, an automotive trading service provider under the China National Machinery Industry Corporation (Sinomach), which started its parallel import business this year.
The quintuplets, who were born within three minutes of each other in July 1996, went to the same primary school, the same middle school and the same high school, and now have graduated from the same university at the same time with degrees in biology, finance, Spanish, social communication and art last month.
The rain was expected to continue for at least another four days, according to the National Climate Center.
The public comments drew the attention of wildlife authorities. The forestry and grassland administration also shared the information and announced that an inspection had been launched.
The proposed emphasis appears to have inspired some of the established local entrepreneurs to adapt their development strategies accordingly.
The recent event was the third graduation ceremony that the university-ranked 41st in the QS World University-Rankings 2016-has held in Beijing since 2015.
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The reason was, according to Xiao, the country's economic aggregate last year totaled up to 80 trillion yuan, growing 6.9 percent year-on-year. "The increase of economic vitality and improvement of corporate performances are fundamental to the growth of fiscal income," he said. "Meanwhile, Producer Price Index, or PPI, increased rapidly, bringing direct positive impact on the growth of tax income. Newly developed tax sources, as well as surging demands from home and abroad, also contributed to the increase on tax revenue.
The recall, set to begin on Aug 30, involves 174,027 domestically-produced sedans and 145,018 imported cars, according to a statement on the website of the State Administration for Market Regulation.
The prospect has attracted Canada-based Magna International to team up with Huayu Automotive Systems Co, a subsidiary of SAIC Motor.
The recent signing of the Regional Comprehensive Economic Partnership, or RCEP, trade agreement of which China is a member "gives us some hope for open regionalism and multilateralism", he said.