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As the coronavirus is spreading in United States and most Chinese cities have reported no more new cases, some Chinese parents are paying tens of thousands of dollars for private jets to get their children out of the US and back to China because of the coronavirus pandemic.

As the reform efforts attract more overseas-listed Chinese tech firms to go public in the mainland, domestic investors will welcome more high-quality investment targets, said Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Science and Technology.

As the US started to reopen in a bid to revive the economy, a second wave of the coronavirus hit. Many US states were forced to go back into partial lockdowns, harming the economy again. "This becomes a circle," Villafranca said.

As to why the first case was heard almost a year after the special courts were established, the top court said trial procedures and work mechanisms had to be established, as well as studies and looking at other countries.

As stipulated in a draft－which is widely believed to vary little from the final version－it demands the credits an automaker earns from selling new energy vehicles should account for 8 percent of its total sales in 2018.