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As China's continuously improving business environment has provided global companies a fair and open market, an efficient supply chain and a competitive talent pool, foreign direct investment in China increased by 6.3 percent year-on-year to 899.38 billion yuan (7.6 billion) between January and November of this year, according to the Ministry of Commerce.

Armenia and Azerbaijan have been at loggerheads over the Nagorno-Karabakh region since 1988. Peace talks have been held on occasions since 1994, when a cease-fire was reached. Until this year, sporadic clashes had been largely minor.

Approaching a ferocious bear was dangerous, so rescuers drove in an excavator and used its bucket to scoop out the beast.

Around 1500 GMT, WTI pulled back to .82 per barrel but was still down almost 41 percent compared with Friday. The fall is severe as it concerns the May contract due to expire later Monday and investors don't want to take physical possession of the oil, traders said.

As Liu concluded in the letter, Shanghai has already grown into an important driver of China's economic development. The city is striving to be a new hub of financial opening-up by exploring integration among finance, technology and industries, he said.