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The momentum created by the Belt and Road Initiative could be an opportunity, Ferro said.

The model is popular in the United States, and sales could reach 6,000 to 7,000 a month. Hyundai hopes the Palisade could change the Chinese people's impression.

The move is designed to further improve smart vehicle standards and pave the way for formulation of standards for high-level autonomous driving, the ministry said.

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The most important thing, she said, was to reduce the number of documents required in the application procedure, which will make the process easier and friendlier for Chinese students and tourists who want to travel to the UK.

The moves are also expected to increase the global presence of mainland capital, besides offering the benefit of Chinese expertise to local bourses.

The most popular item was Amazon’s Echo Dot device, which was the best-selling product from any manufacturer across Amazon’s website. Amazon?slashed the price?of its flagship Echo speaker in half to .99 and discounted the Echo Dot by to .99.

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The move by the National People's Congress (NPC) to enact a national security law for Hong Kong will facilitate the city's local legislation under Article 23 of the Basic Law, Hong Kong Secretary for Security John Lee Ka-chiu said on Wednesday.

The move bolstered Wall Street Monday and set a positive lead for Tokyo stocks Tuesday, with China-linked issues rallying and Japanese chip-related issues rising on Huawei's US chip suppliers sending the US Philadelphia semiconductor index higher on Monday.

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The move, announced on Wednesday afternoon, follows vibrations this week that have shut down traffic on Humen Bridge, a 4.6-kilometer span that links the eastern and western parts of the economically important Pearl River Delta.

The moves aimed to maintain market liquidity at a reasonably ample level to offset peaks of tax payment and other factors, the central bank said.