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Another German auto giant, BMW, reached a deal with leading Chinese IT company Alibaba early this year at the CES in Las Vegas, United States. They will integrate its intelligent voice assistant, Tmall Genie, into cars including the BMW 3-and 5-series range. The service will become available later this year.

Apart from disposing of noncom-pliant equities in an orderly manner, financial regulators and institutions should also strictly regulate related party transactions and curb controlling shareholders' behavior to prevent them from improperly intervening in financial institutions' business operations and violating the interests of small and medium shareholders, Guo said.

Another 600 foreign-funded companies settled in Beijing's central business district in 2019, bringing the total to over 10,000, which has shown the increasing internationalization of the capital, a senior official said on Jan 4.

Apart from existing brands, Anta will continue to seek high-end international sportswear brands with strong growth potential to meet the sportswear need of its customers and fill the gaps between different market segments.

Appearing as an emerging crime, loan-related scams have been specially targeted as part of the nation's ongoing efforts to bust mafia-style criminal gangs, said Guo Lin, the ministry's spokeswoman.