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Lu said on Monday that "China welcomes the US playing a positive role in peacefully resolving" the issue. The situation is "highly sensitive, complicated and greatly risky", and Beijing has been urging all the parties concerned to avoid moves that further flare up the tension, Lu warned.

Lowering the risk weight of green assets can be beneficial in the Chinese context, as it can significantly reduce the financial costs for green loans, provide an important incentive for banks to scale up green lending, and thereby accelerating the transition of the real economy to a green and low-carbon one, according to Ma.

Lu Fangzhou, deputy mayor of Pudong, expressed gratitude to the four winners for their efforts in Shanghai.

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Lorenz Meier, also a pioneer fellow of ZTH Zurich, is just named as one of top under 35 innovators by MIT Technology Review. He maintains a close cooperation with Chinese companies in a different way.

Luzy, a local resident who did not want to give her surname, helped create a makeshift memorial for him. She said Chinese people believe his spirit would come back to the place he died in seven days. She also held a Buddhist ceremony in his honor and believes he did not die in vain.

MNCs are more conservative with their investments in China and are focused on their core business, while Chinese companies see an opportunity to leap frog and expand into new markets, said Mike Lim, managing partner of executive search firm DHR International in China.

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MANILA -- A riot erupted at a crowded prison in the Philippine capital before dawn on Friday, killing at least nine inmates, police said.

Luckin Coffee jumped on the light meals bandwagon in August. Gaga cafe, a light meal chain brand, received 180 million yuan in its A-round financing last year.

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Lu urged Japan to "deeply reflect on and learn from historical lessons, educate its younger generation with the right view of history" and to "earn trust from its Asian neighbors as well as the international community with concrete actions".

Lu said that the global economy has begun to gradually recover but uncertainties from geopolitics and economic issues still loom all over the world.