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Industrial experts also recognized the significance of intelligent connected vehicles, but said there are still problems yet to be solved.

Income from trade in services was 117.8 billion yuan, while expenditure totaled 270.1 billion yuan.

India has a bicameral parliament and Lok Sabha is the lower house of parliament.

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In total, 142 people were detained on suspicion of polluting the environment, while 1,278 government officials have been held accountable for poor environmental protection practices.

Infrastructure viewed as spur for cooperation - World - Chinadaily.com.cn

Infrared cameras have captured clear images and videos of a wolverine. [Video grab]

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Inclusive financing will change the reluctance of major banks to grant loans to startups, considering their small size and uncertain prospects, said Zhu Lijia, a professor of administrative reforms at the Chinese Academy of Governance.

Industry insiders observed that more and more Chinese buyers are actively moving to buy premium auto brands, rather than settling for cheaper cars.

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Inbound activity from China, one of the most active M&A investors in the US in recent years, has fallen sharply so far this year due to a combination of growing protectionism in the US and tighter outbound M&A regulation in China, the report said.

Industrial and Commercial Bank of China Ltd is steadily pushing ahead with preparations for the establishment of its own wealth management subsidiary, said Tan Jiong, senior executive vice-president of the bank.