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As a career civil servant and diplomat who spent years at the heart of government, and who was also president of the China Britain Business Council and vice-chairman of the advisory board to the Fudan University Business School, Powell has developed a great understanding of China, in contrast to his school days, when he said "China didn't feature much, if at all, in the history books 60 years ago ... it featured scandalously little, a black hole in our education."

As a benchmark product of Xpeng's second-generation of intelligent cars, the P7 is regarded as a model that can compete with or even surpass the likes of Tesla, a world-leading electric carmaker, according to Xpeng.

As an early backer of Hellobike, GGV Capital told the South China Morning Post a merger between the top players in the country's bike-sharing industry is probably inevitable, as it will ensure scale and put companies on a path to profitability.

As experts recommended quarantine measures to help reduce population movement, which in turn helped to stem the spread of the virus, the CPC Central Committee made the decision on Jan 22 to ask Hubei to stop outbound travel to prevent the disease from spreading in other regions.

As a major step of better leveraging the role of the market in resource allocation, China will soon expand the registration-based reform onto Shenzhen's innovative startup-heavy ChiNext board and release a slew of detailed regulations, officials said.