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Around 40 fire-related incidents involving new energy vehicles were recorded in China and 135,700 units were recalled last year, according to the State Administration for Market Regulation.

As General Secretary of the CPC, Xi Jinping has spent the last year preparing the Party for the challenges to come, as An Baijie reports.

Appreciation of nondollar currencies against a weaker greenback and a price increase of major countries' bonds held by China were major factors that contributed to the reserves' growth, said Wang Chunying, the administration's spokeswoman.

Apple's estimates for second-quarter revenue range from billion to billion. Analysts expect sales to total .41 billion. A year ago, revenue totaled .45 billion.

Arthur Bi, a partner at McKinsey and Company, said a traditional method of expanding business was to ask a massive number of agents to promote insurance sales. But that method can no longer meet the diversified demands of customers; nor can it aid the development of the industry.