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Not all was lost, though. One exceptional break came from a managing partner of a legacy Seattle VC firm who decided to invest with a small syndicate of his friends.

Next, finalists will be matched with a mentor from the Walmart Food Safety Innovation Council and be granted an exclusive opportunity to tour Walmart and partner facilities to refine their proposals. Finalists will then submit their revised proposals by Sept 9 and prepare to pitch their idea at the Innovation Draft Day in Shenzhen in late September.

New tariffs China decided to impose on US products were a reaction to "the emergency caused by the US violation of international obligations," it added.

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New residential house prices in Shenzhen, a southern metropolis neighboring Hong Kong, fell 0.6 percent month on month in May, while house prices in Beijing and Shanghai stayed flat in May from April.

Nicholas Antonio Mapa, a senior economist for Dutch investment bank ING, said tariff cuts and the integration of the supply chain through the RCEP countries will speed up trade and bolster economic activity across the Asia-Pacific region.

Next, the commission will work with other departments to steadily advance the fourth batch of mixed ownership reform and explore more replicable experiences, Meng said.

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Non-Communist parties should step up work on the nation's poverty relief efforts, says general secretary

Nielsen's latest CEO survey also shows that business leaders' confidence increased in May. When asked their prediction of the pandemic's impact on companies, 75 percent of the respondents believe that the situation in the second quarter was optimistic or not affected. The proportion was much higher than 40 percent in March. Fifty-five percent of those surveyed believe COVID-19 will either not affect or will have a positive impact on the company's overall performance in 2020. In March, the proportion was 50 percent.

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Nhalochy Lare Tietimpo, president of the Association of Togolese Community in China, said the COVID-19 pandemic has helped Chinese and African people achieve better understanding.

No counters, no queues, no paperwork - in less than 10 minutes, Gao Pingping completed the registration of his business and obtained a license at a self-service registration machine in the city of Pingtan in Fujian.