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"Fintech companies are also tapping into gold-backed products that reach young investors, which effectively popularizes gold－an investment conventionally believed to be a favored investment tool for senior-age investors," said a research note from Sinolink Securities Co.

"Global risks are intensifying, but the collective will to tackle them appears to be lacking. Instead, divisions are hardening," said the report.

"Fully autonomous vehicles have the potential to improve road safety to previously unseen levels and to revolutionize the way people live, work and travel," said Henrik Green, Volvo's chief technology officer.

"For the automotive lighting area, this is also a significant manufacturing location for us to do export business, and the products made here are sold globally," Eberhardt said.

"Grandjoy has been actively upgrading its business after the consolidation. With the new move, Grandjoy will continue to elevate our business through integrating cultural elements so as to serve people's needs of living better," said Zhou Zheng, chairman of Grandjoy.