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Anyang, Henan province - listed as one of the 28 major cities in the region for coordinated action on air pollution control - was the first to see its hourly density of PM 2.5, a major air pollutant, reach heavy pollution level early on Monday. The heavy pollution has gradually been extending to the north, the China National Environmental Monitoring Center said in a statement on Tuesday.

Anwar Abu Sbaitan, senior executive officer of Kuwait-based asset management firm Kamco, said the UAE and Saudi Arabia represent 75 percent of the GDP of the GCC countries, hence foreign banks have to have a presence here to bank on the region's prospects.

Another major factor in Aficion's success is its dedication to product quality. To ensure that its chocolates can rival the best in the global market, Mo sources ingredients from around the world and set up the Aficion-Cote d' Ivoire cocoa planting base in April last year to ensure a steady supply of quality cocoa. The company has also invested in high-end manufacturing equipment from Switzerland.

Another big issue related to increasing automation is the widening of the gap between the rich and the poor, said Norwegian economist Finn Kydland, who won the 2004 economics prize. The economic downturn has not affected all sectors, and the pandemic has hit people with low wages and low skills much harder than those earning high incomes, he said.

Apart from pinpointed support for affected small businesses, the nation is expected to accelerate fiscal support to expand domestic consumption and investment, especially in new types of infrastructure and urbanization, to counter uncertainties in external demand, Liu said.