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As cross-border capital flows and the foreign exchange market have been more balanced amid sound and stable economic growth momentum since the second half of 2017, the yuan's exchange rate against the US dollar showed both up and down movements with improved flexibility, giving a reason to suspend the use of the factor, said an announcement on China Foreign Exchange Trading System's website.

As a close neighbor of the Korean Peninsula, China always supports the ROK and the DPRK in improving ties and promoting reconciliation and cooperation, Xi said.

As another friend, who owns a company specializing in industrial intelligentization, used to tell me, so many internet-based projects claim to empower factories, but they mostly focus on the internet side, not so much on the industry. With talent working to make the internet more powerful than ever, machines in factories are still dumb.

As a leader of Hainan's modern service industry, the tourism industry is upgrading in an all-round way in line with the new positioning by the central authorities, which defines Hainan as an international tourism consumption center.

As an integral part of online channels, livestreaming e-commerce is becoming more popular. Its size is expected to reach 961 billion yuan in 2020, which will account for 10 percent of e-commerce in China. In 2020, livestreaming e-commerce attracted 265 million users, accounting for 47.3 percent of livestreaming users, the report said.