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As a part of the deal, Amazon will sell Macmillan e-books under an agency pricing model, which will allow Macmillan to set the price at which its titles are sold, and give Amazon a cut of the proceeds. It’s similar to the deal that Amazon struck with Hachette Book Group, after the two companies spent months in a drawn-out fight over e-book pricing.

As a consequence, curtailment has carried a heavy cost for China. According to Bloomberg New Energy Finance, China has wasted 3.28 terawatt-hours of solar energy in 2016.

As fossil fuels are finite resources and the world's current energy mix is harmful to the environment, countries worldwide are making efforts to increase the use of renewable and clean energies, with each nation adopting a different approach.

As an early backer of Hellobike, GGV Capital told the South China Morning Post a merger between the top players in the country's bike-sharing industry is probably inevitable, as it will ensure scale and put companies on a path to profitability.

As for how to respond to the public health crisis and global economic recession, Li said all members of the global community should work together with a sense of partnership to prevail over the current difficulties.