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The surrogate country approach allows WTO members to use costs of production in a third country to calculate the value of products from countries on the "non-market economy" list.

The summit comes at a critical time of profound challenges posed by COVID-19 both within the bloc and globally.

The tapering consumer inflation will open up room for monetary policy measures to spur the real economy and ramp up support to manufacturers as well as micro, small and medium companies, he said.

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The tariff would also apply to any artwork produced in China, even if it is currently in other countries or owned by foreign buyers.

The surging global appetite for digital identification is offering Hongda Hi-tech Group Co Ltd, China's first manufacturer of ID management systems, "unprecedented" expansion opportunities to reach around 400 million people outside China, the company said.

The tariffs will have limited impact on China's domestic job market and consumer inflation, as the Chinese economy remains stable with good momentum for the moment and in the long term, said Wang.

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The summit with the Democratic People's Republic of Korea remains on track, US President Donald Trump said on Thursday, promising the DPRK would get "protections" if a deal were made, but threatening it would face grave consequences if things went otherwise.

The success of Hong Kong as an international metropolis is built on the respect for different voices and on resolving differences through dialogue, she said.

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The study shows that the proposed tariffs on billion of Chinese imports announced by the Trump administration on April 3 and the proportional retaliation China announced the following day would reduce US gross domestic product by nearly billion and destroy 134,000 American jobs.

The strike began on Sept 16, with about 48,000 hourly workers of the UAW union at GM seeking higher pay, greater job security, a bigger share of profit and protection of healthcare benefits. Other issues on the table included the fate of plants GM has indicated it may close, and the use of temporary workers.