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Such bonds are characterized by streamlined issuance procedures. Their issuers are required to use the proceeds on projects involved in economic restructuring.

Steve Franks, managing director of Water Babies, said: “China has shown us the way. It is our move into China that has prompted the company to build centers across our whole network. Without the scale of ambition demonstrated in China, it is unlikely that we would have considered building centers in Europe either.”

Such a strategy by the Democrats is meant to sway public opinion, but the process has so far had little impact on potential voters, two US researchers said. However, an impeachment, which ultimately may not lead to Trump's removal from office, would be a "serious stain" on his presidency, one of the researchers said.

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Steven Davidoff Solomon, a professor at the University of California-Berkeley, wrote in The New York Times that large tech companies can also take advantage of a “failing firm exemption” for M&A deals due to the pandemic.

Strong and durable relations between countries can only be based on a common cultural understanding, he said.

Such policies boost infrastructure, and more financial relief for enterprises and households "should be the best economic and social policies at the moment", said Nomura Securities' Chief China Economist Lu Ting.

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Suga has vowed to push forward with Abe's policies such as "Abenomics," a mix of measures including monetary easing and fiscal stimulus aimed at easing deflation and stimulating growth in the Japanese economy.

Su Meng, chairman and CEO of Baifendian, said the company will drive the development of AI technologies to meet the growing need for intelligent analysis and application of data, enabling enterprises to efficiently manage data assets.

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Such policies - potentially including streamlined administrative approval procedures and easier access to foreign exchange required by foreign VC firms - will facilitate their participation in China and help more global investors benefit from the growth of the world's second-largest economy, Zhou said.

Strong convective weather in southern parts of China will last till Tuesday, bringing heavy rain, strong winds and thunderstorms to the area, according to China's National Meteorological Center.