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"Fiscal expansions and monetary contractions strengthen currencies," said Jason Furman, a professor at the Harvard Kennedy School and former chairman of the White House Council of Economic Advisers, adding America's currency has strengthened by an average of more than 7 percent against those of its trading partners since April.

"For the Chinese government, the ethnic or Tibetan issue is about promoting socioeconomic development and common prosperity," Hao said. "Western media play up the so-called Tibet issue based on the Dalai Lama's words. But the Dalai Lama left the country more than 60 years ago and has done nothing to improve the welfare of Tibet, Tibetans or all the believers of Tibetan Buddhism."

"Foreign pilots have contributed a lot to the improvement of China's civil aviation. However, they are getting older, a problem that should not be neglected by the airlines," the CAAC said.

"GIFT IFSC provides huge competitive advantage in terms of tax structure and supportive regulatory framework which is comparable with other global financial centers," he said, adding that other advantages include the waiver of taxes such as the security transaction, commodity transaction, dividend distribution and capital gains taxes, as well as the goods and services tax.

"Guangzhou, as a national central city in the country, has now mapped out its ambitions for the development of its digital and intelligent economy and will introduce more preferential policies to help achieve the goal," Zhang said at a press conference in this southern metropolis on Wednesday.