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Li Li, research director at energy consulting company ICIS China, also expressed concern over the challenges that lie ahead in promoting large-scale use of biodiesel, especially against the backdrop of low oil prices.

Lene Bao used to work for a multinational cosmetics group and has now started her own business on cosmetic-related marketing. She also serves as a part-time online host at Zhihu Live, which was valued at 0 million in 2015, and has received funding from private equity firm Capital Today and Tencent.

Leuthard is among the heads of state and government leaders who accepted China's invitation to attend the Belt and Road Forum for International Cooperation slated for May 14 and 15 in Beijing.

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Li Pumin, secretary general of the National Development and Reform Commission, said that the central budget will earmark 2 billion yuan (0 million) to support projects strengthening weak business links and benefiting people's livelihood.

Leshi said it could not judge the fluctuation of the stock price once it resumes trading, and warned investors of paying attention to investment risks.

Li Zhikang, a leading member of China’s Green Super Rice project, visits a rice field in Nigeria with local agricultural researchers in October 2017. WANG WENSHENG / FOR CHINA DAILY

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Lhasa will gradually replace traditional taxis with new energy vehicles and the phased-out vehicles will not be resold for private use, he added.

Less investment in the US and more investment in China "shows clearly who is becoming more and more open, and who more and more conservative", he added.

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Li Hua is village head of Udon Qaidam in Ejin Horo Banner, Ordos. The 55-year-old has never forgotten how tough life was during his childhood on the edge of the Maowusu Desert. In the 1970s, nearly all of the village land－1,130 hectares－was covered by sand. Just 8 percent was green and suitable for cultivation.

Lessors who offer such rent cuts will enjoy relief on their real-estate tax and urban land use tax this year, and state-owned banks will be encouraged to extend pledge loan at concessional rates to such lessors according to their needs. Non-State property owners also are eligible for the policy incentives.