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Among the total, 20 billion yuan will mature in three months and 10 billion yuan will mature one year later, with the interest rate standing at 2.55 percent and 2.60 percent, respectively, according to the People's Bank of China (PBOC).

Amazon’s sales rose 26% in the first quarter as the COVID-19 crisis made the online retailer an even bigger part of many lives, but profits were down 30% due to expenses from dealing with the virus. Amazon CEO Jeff Bezos gave a clear message to shareholders, saying they “may want to take a seat,” because there are big challenges ahead and they won’t be easy or cheap to overcome. The company says it will spend billion this quarter on initiatives related to the pandemic.

Among 22 innovative cities around the world, the top 5 are Boston, San Francisco (Bay Area), London, New York and Berlin. Shanghai ranks 16th.

Among new startups, those in the service industry have provided 96.7 percent of the new jobs.

Among the top 10 countries with the most PV product exports from China, Vietnam surpassed India and became China's largest overseas market, with exports of around .39 billion. The figures represented a fivefold growth from the level seen last year, and accounted for 13.1 percent of China's total exports in the sector.