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In the latest data available, Peru's economy grew 3.28 percent in July from the same month a year earlier. But the country's central bank is now anticipating cutting its growth projections for this year, citing a slower-than-expected recovery. A central bank survey of economists in August found respondents factor in 2.5 percent growth this year, down from earlier expectations 2.9 percent. This slowdown could be exacerbated by any kind of prolonged political crisis.

In the past 19 years, Macao has made significant achievements in fields such as economy and education, officials said.

In the past three years, Volvo's global sales have seen significant growth, especially in China, which has become its biggest market. In 2015, Volvo sold 81,588 vehicles in the country. A year later, sales jumped to 90,930.

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In the past four decades, China has also reduced the number of people living in poverty by 750 million.

In the past three years, 189 new clinics were built in Yushu, including the one where Tsangyu Tsering received treatment.

In the meantime, central SOEs in the sectors of construction, mining and metallurgy registered rapid profit growth.

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In the medium to long term, the renminbi's exchange rate will depend on the economic foundation, which is still resilient, with great development potential, he said.

In the statement, both sides also pledged to build their economic relationship on openness, non-discrimination, and fair competition, ensuring a level playing field, transparency, and based on mutual benefits.

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In the next era of artificial intelligence, China will be a great power although it is still in its infancy. It already shows big advantages in computer vision, voice recognition and autonomous driving. On the research side, China also has the highest number of cited papers concerning "deep learning" or "deep neural network".

In the initial stage, the project plans to import six full-flight simulators. In five years' time, it is expected to train around 4,000 pilots a year.