Like central bankers in other major economies, Zhou's concerns come from Libra's special features that go beyond those of a general cryptocurrency. Unlike Bitcoin, Libra is described in a Facebook white paper as a currency "fully backed by a reserve of real assets". A basket of bank deposits and short-term government securities will be held in the Libra Reserve to guarantee its value.
Li said agreements worthy of close to billion dollars are expected to be reached between businesses of both sides during his visit.
Li said for China, the biggest developing country in the world, development is the solution to all problems.
Li spoke at the third US China Innovation and Investment Summit (UCIS) in Houston, which took place on Monday and Tuesday.
Liang Feng, deputy director of the Beijing Meteorological Service, said at the conference rainfalls in Beijing this year remain large in volume and frequency. By the end of May, the average precipitation in the capital reached 115.1 mm, 44.6 percent more than recent years, also the most for the same period in history since 1951.
Liang Mei, head of the association, said that the fast sales growth shows improved competitiveness of manufacturers through industrial upgrading and upgraded consumption.
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Li told Trump that as permanent members of the UN Security Council and important countries in the Asia Pacific region, both China and the United States had a responsibility to maintain regional peace and prosperity.
Li said Jianming will return to Fuwai Hospital for reexamination in about a month.
Li highlighted that Brazil has a clean energy matrix, with a lot of natural resources which accommodate extensive exploration of hydroelectric, wind and solar power.
License plates used in the autonomous driving road tests of Beijing have five levels, from T1 to T5. The highest level that has been issued so far in China is T3, which shows that the vehicles possess capabilities such as road condition recognition, vehicular traffic laws compliance and emergency disposal. Baidu obtained T3 plates in March.