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Ministry of Industry and Information Technology spokesman Huang Libin said the industrial sector is running at a steady pace despite headwinds, and China is set to meet its full-year growth target.

Mohamed El-Erian, chief economic adviser at Allianz SE, told Reuters Global Markets Forum that the US equities will not revisit the March lows. But he added that the next big correction of the US stock market will likely be triggered by "corporate defaults and other capital impairment events that central banks cannot shield against".

Monetary authorities will need to find answers to issues beyond the basic design architecture, including the regulatory framework and the competition relationship with the existing electronic payment tools, ahead of the official debut of the national digital currency in China, experts said on Monday.

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Mike Cansfield, associate vice president of telecoms and networking at IDC, said it appears the move is "quite a coup" for BT. "With most of Global Services 800 target customers having some operations in China, then being able to also provide some domestic in-country services too should enhance its attractiveness as a supplier to this select group," he said.

Moon and Kim held the third-ever inter-Korean summit in the South Korean side of the border village of Panmunjom. Kim became the first DPRK leader to step onto South Korean soil since the end of the 1950-1953 Korean War.

Michalak said that what impressed him most about Xi's speech was "when he said that 'if we make a commitment, we have to live up to it'".

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Migu Co Ltd, a subsidiary of China Mobile that provides digital content products and services, upgrades its cooperation with Wanda Film Holding Co Ltd on Wednesday. [Photo provided to chinadaily.com.cn]

Mnangagwa succeeded Mugabe after he resigned in November following a military intervention which ended his 37 years in power.

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Microsoft’s challenges are simple. They put a computer on every desk and in every home but forgot to put one in everyone’s hand.

Michael R. Bloomberg reiterated that the US and China are closely interconnected and each country has a strong stake in the economic prosperity of the other. [Photo/VCG]