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Andrew Sampson. (Photo via Rainway)

And now, his team is continuing cooperation with the C919's developer, COMAC, improving systems during the flight test phase.

Analysts said asset quality improved at most banks after they readjusted their credit structure by issuing a larger amount of consumer loans and mortgage loans, which are less sensitive to economic cycles than loans issued to the manufacturing sector. Besides, banks also stepped up efforts to write off nonperforming loans.

And things aren’t slowing down now that we’re entering the summer months. We’ve got an exciting new product in the works that we’ll be telling you more about in the coming days. Stay tuned for that.

Analysts said Baidu's investment showed its ambition to expand its presence in content. The tech heavyweight has invested in a series of video-sharing platforms, such as Baidu Video, Qingting FM, Pear Video and Renren Video.