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Analysts said although China suffers from a foreign exchange sales deficit, it is not worrisome. "The SAFE (ad¬ministration) data show the situation is improving, and so long as it is controllable, we should not worry about the deficit," said Dong Yuping, an economist at the Chinese Academy of Social Sciences.

An open world economy and steady global growth cannot be achieved without innovation. As the new round of technological revolution and industrial transformation is gaining momentum, we have seen constant breakthroughs in technology frontiers such as big data, cloud computing, the Internet of Things and artificial intelligence. Sophisticated industrial chain cooperation that defies national borders has become the prevailing trend. China would like to work with all interested partners in Asia and Europe to promote cooperation in scientific and technological innovation and the new economy, including in digital economy, smart cities, intelligent connected vehicles and other areas. Next year, China will hold a high-level dialogue on innovation-driven development. We look forward to your active participation and joint contribution to an open and innovative world.

Analysts at Shanghai Chongyang Investment Co, an asset manager, said in a research note that the bond market may bear short-term pressure as some financial institutions would seek to sell bonds in compliance with the new regulation. They added that mid- and long-end interest rates in the market will likely remain at a high level.

Andy Lau shows up for the first time and speaks at the premiere of his new film The Adventures in Beijing, Aug 8, 2017, after six-month convalescence from injury. [Photo/China.org.cn]

And a Quintessentially employee was left scrambling when a client said he wanted to pop the question on the rooftop of a 5-star hotel in Shenzhen after giving only 24-hours’ notice. The entire floor was booked off in time for the proposal, complete with 1,000 red roses.