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The epicenter was monitored at 23.35 degrees north latitude and 121.85 degrees east longitude, at a depth of 15 kilometers, the CENC said.

The efforts China is making to cut overcapacity are unparalleled in the world. Having reduced its steel overcapacity by over 90 million tons in the past few years and 65 million plus tons in 2016, China will continue to phase out around 50 million tons of capacity this year. This process involved the reemployment of some 500,000 workers, which is 170,000 more than all the steel workers of the EU. To blame China for overcapacity is neither objective nor fair. The responsibility for cutting overcapacity must be borne by all parties, and the key lies in concerted actions, not finger-pointing. China stands ready to enhance the sharing of experience and good practices on cutting overcapacity under the framework of the Global Forum on Steel Excess Capacity and set up a steel trade mechanism with the EU, in an effort to promote sound growth of the global steel industry.

The establishment of ABC Wealth Management came after similar moves were made by four other large State-owned commercial lenders. BOC Wealth Management Co Ltd, a wholly owned subsidiary of Bank of China Ltd, started operations on July 4, following the footsteps of wealth management subsidiaries launched by Industrial and Commercial Bank of China Ltd, China Construction Bank Corp, and Bank of Communications Co Ltd.

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The epidemic has forced manufacturers in China's robot vacuum cleaning sector to accelerate innovation pace to meet growing marketing needs created by the fast-changing demand from Chinese consumers for high-end products and the low penetration rate of smart home appliance products, according to a research released by the Beijing-based Chinese Academy of Science and Technology for Development in late March.

The economic forum was jointly held by the China Center for International Economic Exchanges and the State Think Tank of Xinhua News Agency, and assembled around 300 officials, scholars, corporate executives and think tank representatives.

The domestic tourism market is expected to peak during the coming Dragon Boat Festival holiday later this week, despite recent reported clusters of new COVID-19 infections in parts of the country, industry observers said.

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The epicenter was monitored at 23.68 degrees north latitude and 120.69 degrees east longitude.

The drug was developed in collaboration with FibroGen China.

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The e-commerce giant also announced a ,000 donation toward an after-school robotics and engineering program at?nearby Neely-Obrien elementary.

The downbeat market reactions came as COVID-19 infections across the United States continue to surge, forcing some states to reimpose restrictions.