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As stepping up efforts to reform its gigantic pension system has become a must-do for China with its aging population, foreign financial institutions are eagerly getting themselves ready to take a seat at the table.

As the two largest countries bearing significant responsibility for the global economic system, China and the US need to build a win-win bilateral relationship, and protectionism is the enemy of both, said Barshefsky.

As the most profitable rail line in China, the Beijing-Shanghai High-Speed Railway reported a sales revenue of 25 billion yuan (.62 billion) for the first three quarters of 2019, with the net profit amounting to 9.52 billion yuan.

As this year's shopping gala progressed, milestones from previous years fell one by one.

As visits to offline stores fell following the coronavirus outbreak, 41 percent of Chinese families ordered FMCG through delivery platforms and retailers' own apps and mini-programs. Despite the decrease in penetration in the third quarter, online-to-offline (O2O) deliveries still attracted 31 percent of families in China.