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The figure for 2020 will likely be about 200 billion yuan, an increase of 46.7 percent due to the pandemic, Analysys predicted.

The fifth China-Africa Youth Festival opened Monday in Beijing to celebrate the 20th anniversary of the Forum on China-Africa Cooperation (FOCAC). [Photo provided to chinadaily.com.cn]

The fatality rate here from the COVID-19 was 0.5 percent as of midnight local time. The figure gained to 3.1 percent for those in their 70s and 3.7 percent among those in their 80s or higher each, according to the health authorities.

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The expected annual production capacity of the venture is 300,000 cars, and the first pre-production car is expected to roll off the production line in 2020.

The figure presented a landscape for the short-video market in China that was different from three months ago, when a report issued by the internet consultancy Analysys showed that Douyin's archrival Kuaishou held a safe lead up to February with 108 million daily active users, even more than the combined volume of the other three video apps—Douyin, Xigua and Huosha.

The export volume shrank by 25.3 percent to 8.98 billion yuan, while the import volume increased 7.4 percent to surpass 17.59 billion yuan.

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The fair will help promote cultural trade and investment between countries involved in the Belt and Road Initiative by organizing a number of activities including exhibitions, forums, negotiation meetings and signing ceremonies.

The facts have shown that the issue can be resolved only through dialogue and consultation in a peaceful way, Xi said, adding that concerted efforts by the international community are needed to solve the Korean Peninsula issue.

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The extension of the pedestrian street also marked the start of this year's Shanghai Tourism Festival, which will last through the end of this month and be filled with various promotion events and ticket discounts at tourist sites around the city.

The exhibition marked the finale of this year's successful BMW China Culture Journey series of innovative programs, one of the iconic corporate social responsibility programs launched by BMW Brilliance Automotive, the joint venture between German automobile giant BMW and Chinese automaker Brilliance Auto.