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As China's economy becomes more consumer-oriented, the rate of growth in oil demand in the country is expected to slow down through 2023, a recent report said.

As Chinese buyers had purchased cheap crude cargoes for May delivery, Li said there is still opportunistic buying to be had to capitalize on low crude costs. It is an opportune time to stockpile for China, whose crude storage at present is below target, she said. ICIS said crude imports in the country are projected to grow in 2020 at a slower rate of 7.6 percent from the 9.5 percent pace recorded last year.

Around half the people with one or more side jobs were between ages 24 and 28, and most were educated to the junior college level or beyond, the report says.

As China's financial hub, Shanghai has maintained its standing as a favored destination for investors by concluding the most cross-border deals in the country, a real estate forecast report called Emerging Trends in Real Estate Asia-Pacific 2020 jointly published by the Urban Land Institute (ULI) and PwC said.

Apple will send e-mails to eligible customers instructing them how to obtain the rebate between May 28 and July 27.