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The trial reform that envisaged separating permits from business licenses was implemented in 18 free trade zones nationwide. Following this, the time needed to start a business has been reduced to five working days or less, he said.

The trend of cracking down on organized crime has been consolidated, and the public security situation has continued to improve. The number of criminal cases nationwide dropped 6.2 percent from January to August this year, according to the national leading group against organized crime under the Commission for Political and Legal Affairs of the Communist Party of China Central Committee.

The train will start its return trip on Sept 5.

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The two parties will also leverage their strengths in 5G presence and autonomous driving capabilities for commercial use of driverless technologies.

The transaction volume of the country's secondhand car market was 1.17 million in May, up 5.34 percent month-on-month and 1.01 percent year-on-year, the first monthly positive growth this year, and accumulated transaction volume reached 72.65 billion yuan.

The transaction amount of real estate merger and acquisition deals in China exceeded billion last year, up 30.6 percent year-on-year, according to a new research report released by consultancy firm PriceWaterhouse Coopers.

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The two firms recently signed a memorandum of understanding for the project. The detailed investment scale of the venture was not disclosed because related matters remain under discussion, HBIS said.

The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange and started trading on Aug 17, 2018.

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The two sides aim to take the 30th anniversary of the establishment of bilateral diplomatic relations in 2022 as an opportunity to plan the ties' growth over the next 30 years.

The two sides will exchange views on bilateral ties, US President Donald Trump's visit to China this year, and major international and regional issues, Lu said.