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Speaking of the quality of the products and the confidence in the technology behind it, Tuan said, "We will compete fairly with local firms based on our high quality which meets global standards, but we'll ensure our prices are reasonable."

South Korea's President Moon Jae-in speaks during a meeting with senior aides at the Blue House in Seoul, Dec 12, 2018. [Photo/Agencies]

Speaking of the company's plan for an initial public offering, Zhou Liyao, president of China Great Wall, said: "We will create more favorable conditions for the listing of China Great Wall and seek the best time and place for our IPO." This year, the company plans to invest 120 billion yuan in the acquisition of nonperforming assets and also plans to dispose of NPAs worth 100 billion yuan, Zhou said.

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Spanning three counties in Hebei's Baoding, the new area will initially cover about 100 square kilometers before being expanded to about 2,000 sq km over the long-term.

Soon after reform and opening-up started, China's booming market attracted multinational companies seeking growth opportunities. The scale and proportion of foreign direct investment in China rose sharply from .37 billion in 1991 to 1 billion in 2017, ranking second in the world.

Speculation over Ryan's future had been swirling for months, but as he dialed up colleagues and spoke by phone with Trump, the news stunned even top allies.

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South Korea notified WTO Council for Trade in Goods that it has decided to suspend substantially equivalent concessions and other obligations under the General Agreement on Tariffs and Trade 1994 to the trade of the United States.

Speaking of the digital economy, the ambassador said it has generated "enormous possibilities", but "doesn't really respect borders", thus international cooperation is necessary to deal with issues such as fraud and consumer protection.

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South Korea claimed that Japan's export curbs came in protest of the South Korean top court's rulings that ordered some of Japanese firms to pay reparation to the South Korean victims who were forced into hard labor without pay during the 1910-45 Japanese colonization of the Korean Peninsula.

Speaking after attending the morning session of the full-day symposium, Margaret Chan Fung Fu-chun, former director-general of the World Health Organization, said she could barely recognize the city now.