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Approximately 50 percent of the net proceeds of this offering will be used for research and development of smart EVs and technologies, while 30 percent of the net proceeds of this offering will be used for marketing and expansion of sales channels, the company said in its prospectus.

As Beijing hosts the annual two sessions, improving the operation of the governance system is high on the agenda.

As Chinese startups anxiously line up to get their licenses to make electric cars, up to 30 with the necessary paperwork haven't produced new energy vehicles for at least a year - a sign, say industry observers, of disorder in the country's fast-growing market.

Apple’s Health app is a way for patients to view and store their health information. (Apple Photo)

Are there reasons for optimism in 2018? An injection of hope is urgently needed for the world's top two economies to sail the charted course.