The share of renminbi in international payments is still disproportionately low compared to China's large presence in the global economy, and more needs to be done to dispel investors' concerns and further open up the financial market, Balz said.
The shoemaker Skechers US, for instance, saw overall quarterly sales drop 42 percent year-on-year but got some relief from 11.5 percent growth in China.
The shipment surge of China's 5G smartphones can be attributed to a number of reasons, including the rapid commercialization of mid- and low-end 5G chips from chipmakers like Qualcomm, MediaTek and Spreadtrum Communications; the high efficiency of new product development by Chinese mobile phone manufacturers and original design manufacturers; China's effective control of the COVID-19 pandemic; and Chinese operators' network coverage and their promotion of 5G data plans, Tang said.
The senior executive said that the most difficult time has passed, as the Chinese smartphone market is recovering faster than the company had expected.
The senior diplomat made the remarks by video during the opening ceremony of the 16th Beijing-Tokyo Forum on Monday.
The seven page statement, which the former Federal Bureau of Investigation (FBI) director was due to formally deliver in a hearing on Thursday, offered the accounts of three one-on-one meetings and two phone calls Comey had with Trump since this year.
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The seven-day rate rose 4.3 basis points to 2.1 percent, the one-month rate went up 3 basis points to 2.023 percent, and the one-year rate rose 1.9 basis points to 2.285 percent.
The seven newly announced Lighthouses join a group of nine others, which were unveiled in 2018. All were selected from an initial list of 1,000 manufacturers based on their successful implementation of Fourth Industrial Revolution technologies in ways that have driven financial and operational impact.
The second Asian Infrastructure Forum will also be held as part of the annual meeting next year. In addition, a series of lead-up events will take place in the first half of 2019 at the Luxembourg Chamber of Commerce and several other European member countries of the AIIB.
The shortage should be solved with a more reasonable and scientific personnel arrangement, as police with their professional investigation skills cannot be replaced by others, he added.