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Apart from the initiative, Stan-Chart has continued to focus on enhancing its banking capabilities in China and has become the first foreign bank to receive a domestic fund custody license in the country.

Another cutting-edge product on display was the recombined human-originated collagen III protein developed by Jinbo Biomedicine based in Taiyuan.

Apart from France, the Netherlands and Germany, pandas have settled down in Belgium, the UK, Austria and Spain.

Any meeting between Kim and Trump would come after the two Koreas hold their first summit in more than a decade later this month.

Another factor contributing to China’s achievements has been opening-up, which has helped China to leverage its comparative advantages and raise its competitiveness and development level by integrating it into the global division of labor and industrial and value chains. In this process, we have also endured huge pressure, paid a high price, and experienced growing pains. Some obligations China assumed upon WTO accession far exceeded what was required of a developing country and even approached the level of a developed member. For example, China undertook to cut tariffs for agricultural products to around 15%, only one quarter of the world’s average level and lower than that of many advanced economies. Some industries in China were inevitably affected in the open marketplace, leading to bankruptcies and lay-offs. In some sectors, domestic brands came to be outnumbered by foreign ones, such as in passenger vehicles.