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Analysts said the lower mortgage rate will bolster the confidence of homebuyers, especially those eager to buy homes to move in.

An underdeveloped agricultural county 40 years ago, Changsha county is now a rising star in central China. Located in central Changsha city, Changsha county, also called Xingsha, is the traffic center of Hunan province. It boasts a science and technology industrial park and a comprehensive bonded zone. Though it has 12 poor villages, it still ranks fifth among the top 100 counties nationwide and is also one of 18 reform and opening-up pilot zones. Changsha city’s urbanization rate in 2017 reached 77.59 percent, while Changsha county’s was 12 points lower at 65.2 percent. Among its 114 villages, 52 (45.6 percent) recorded an average operating income of no more than 50,000 yuan, and 91 villages (79.8 percent) registered an average of no more than 150,000 yuan. Changsha county is now a center for the development of traditional industries, specialty industries, the tourist industry, and processing industry. The county is also exploring new development models in the hopes of building a thriving countryside. It’s said that Changsha county boasts 6.56 billion yuan of the total output recorded by the farming, forestry, herd and fishery industries. It is home to 235 agricultural processing companies and 22 enterprises with annual sales of more than 100 million yuan from January to August in 2018. Those processing companies have achieved a total output of nearly 10 billion yuan, while the tourism industry’s total income stood at 8.3 billion yuan, a year-on-year increase of 16.3 percent.

And yes, they’re still calling it an Appstore. GeekWire marked the occasion of the Amazon Apptore’s anniversary by checking in on the lawsuit filed by Apple against Amazon over the “app store” trademark. In short, it’s still making its way through the courts.

Analysts said a sound battery recycling system is essential to the rapid growth of China's new energy car market, as more and more carmakers, both local and overseas, are shifting their focus to electrification.

Analysts said banks urgently need to respond to the multiple challenges by transforming their business models and improving risk management capability.