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As a consequence, Webasto is scheduled to open its 10th Chinese factory in Guangzhou in south China on Wednesday and will begin constructing its 11th one shortly thereafter. Last year, the company produced 6.2 million roofs for German, South Korean, Japanese and American car makers in China.

As he got to know Yin better, Wen Di started to admire his Chinese employer.

As a pivotal part of the "dual circulation" development pattern floated by China's top leadership in May that encourages domestic and overseas markets to reinforce each other, the country's enormous market and expanding domestic demand during the holiday has gathered sound momentum for China's economy to further perk up.

As Shanghai strives to build itself into a global innovation center of science and technology－a task proposed in its master plan for 2035－the city's skyrocketing property market, however, has become a deterrent to talent.

As cited by the European Commission in its virtual summit with President Xi Jinping, focusing on the advancement of an investment treaty and sustaining mutual agreements on market access must remain a priority.