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Another Chinese battery maker, Svolt, said it will spend 2 billion euros on its European base, which is expected to start production in 2022. The battery maker spun off from Chinese carmaker Great Wall Motors in 2018. It will offer batteries for electric MINI-branded vehicles that will be made in China starting from 2023.

Another important agenda of my visit is to attend the 25th APEC Economic Leaders' Meeting in Da Nang. China supports Vietnam in hosting a successful meeting, and will work with Vietnam and other members to engage in practical discussions on deepening regional economic integration, building the Free Trade Area in the Asia-Pacific, strengthening regional connectivity, advancing economic structural reform and innovation, promoting inclusive development and outlining the Post-2020 Vision under the theme of "Creating New Dynamism, Fostering a Shared Future." We look forward to a highly productive meeting that contributes to the common development and prosperity in the Asia-Pacific.

Ant Group, the parent company of China's largest mobile payments business Alipay and a major provider of financial services technology, announced on Monday that it has commenced the process of a concurrent initial public offering on the Shanghai Stock Exchange's STAR board ("SSE STAR" market) and The Stock Exchange of Hong Kong.

Anything left unsold at the end of the day had to be carried back along the same paths.

Anyone who fails to follow the new process will face severe punishment, the commission said.