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The exchange has initiated a research program to study the possibility of a Shanghai-London stock connect, Wu said.

The fast development of the digital economy might impact the existing international tax system, and the short-term tax incentives could restrain its long-term development, said Zhu Guangyao, China's vice-minister of finance, at the two-day G20 meeting since Monday, when finance ministers and central bank governors gathered in Buenos Aires, Argentina.

The experts explained among other things the benefits of countries investing in the 5G network as well as technologies required in order to successfully undertake that upgrade.

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The falling demand has also crimped revenue of carriers. Singapore Airlines said it has taken multiple measures to cut costs, such as delaying deliveries of new aircraft and cutting salaries of executives.

The exhibition will feature 100 pictures selected by media outlets from Brazil, Russia, India, China and South Africa.

The executive, Meng Wanzhou, 46, was released on bail on Tuesday evening in Vancouver, 10 days after she was initially detained at Vancouver International Airport.

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The expansion of domestic demand is a must for China as it seeks to foster a new development pattern with domestic circulation as the mainstay and domestic and international circulation reinforcing each other, Xie Fuzhan, president of the Chinese Academy of Social Sciences, said in a speech on Saturday at the 86th International Forum on China Reform in Haikou, Hainan province.

The expected Trump-Putin meeting comes amid strained bilateral relations due to Russia's alleged meddling with the 2016 US presidential elections, among other thorny issues.

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The film industry was hit hard by the pandemic this year and the current cinema attendance rate is still stable at 75 percent. However, total box-office receipts of films released during the holiday reached the second highest among all National Day holidays in China's history.

The fair, including 50 exhibition areas based on 16 categories of commodities, will attract some 25,000 Chinese export-oriented companies this month, organizers said. They will showcase 1.8 million products and services through various media such as photos, videos and 3D formats to promote matchmaking among suppliers and purchasers and conduct 24-hour business negotiations.