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The move will help Uber find a quicker path to profitability, said Steven Fox, founder and CEO of Fox Advisors. "It accomplishes the best of both worlds for them. It takes away a big profit drag and keeps them strategically well-positioned for when they want to move parts of their network to be autonomous," he said.

The move might reduce financing costs for the real economic sector and support the growth, instead of a signal of broad monetary easing, he said.

The mountains meandering over Shanxi, Henan and Hebei provinces and Beijing have a dry climate and poor plantation coverage, which has hindered local economic development. The mountain was designated as a key area for afforestation in 1986.

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The most important traditional food for the Dragon Boat Festival is zongzi -- pyramid-shaped glutinous rice dumplings wrapped in reed leaves.

The multiple arrests prolong detentions without trial and are an oft-criticized prosecution tactic in Japan's criminal justice system.

The nation's largest steelmaker China Baowu Steel Group announced on Friday that it will acquire a 51 percent stake in Taiyuan Iron & Steel (Group) Co Ltd (TISCO) as part of its efforts to become a global steel leader with an annual output of 100 million tons.

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The municipal government said on Saturday that the date for class resumption of junior high schools, originally scheduled for April 17, will depend on the progress of the epidemic control situation.

The move came three months after Trump withdrew from the Iranian nuclear deal.

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The move aims to facilitate short video content production and communication on new media platforms like Weibo, which boasted about 340 million monthly active users as of the end of March and has witnessed soaring popularity of short-videos on its platform.

The move came just weeks after the Tencent-backed company began deliveries of its first model, the ES8 SUV, in China, which has taken it four years and cost billions of yuan.