No evidence was found to show Chinese monetary authority intervention in foreign exchange markets over the past several months, according to the US Treasury's semiannual foreign-exchange report to Congress.
New industries posted faster expansion, with the output of high-tech industries, equipment manufacturing and strategic emerging industries rising 11.8 percent, 8.6 percent and 8.8 percent, respectively, according to NBS spokesperson Mao Shengyong.
Non-GAAP net income from continuing operations attributable to its shareholders totaled 15.7 billion yuan, compared to 10.8 billion yuan in 2018, the company said.
Nio has asked JAC Motors to produce its ES8 SUVs, and Haima is a partner of Xpeng, which is to launch its first model next week. Others are paying billions of yuan to buy a license from traditional carmakers.
Nicholas Negroponte, co-founder of the Massachusetts Institute of Technology's Media Lab, said at the dialogue in Shenzhen that the US is not an absolute leader in semiconductors anymore, and it is impossible for the US administration to use Chinese companies' reliance on foreign semiconductor products to pressure them.
New orders, production and employment continued to expand, but at a slower rate. It said the manufacturing index registered 51.2 percent in July, a decrease of a half-point from June's reading. A reading above 50 percent shows growth, while a reading below 50 percent shows contraction.
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No search has been undertaken to date, but the authorities are still considering an attempt to locate and recover Zhang's remains, according to the family, who said they would allow the authorities to handle the situation and recover Zhang's remains if feasible.
Nie Luomin (right) and a volunteer try to release a trapped bird from a mist net in Chengde, Hunan province. [Photo provided to China Daily]
Nick Lisi, executive vice-president and chief sales officer of the world's leading analytics software company SAS. [Photo provided to chinadaily.com.cn]
No casualties were reported in the accident. All the 55 crewmen have been rescued by two civilian ships nearby.