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Gift chocolates experienced the deepest plunge, since travel restrictions and self-quarantine regulations limited the occasions for gifting in urban China, Tay added.

Girish Ramachandran, Asia-Pacific president of Tata Consultancy Services.

Global streaming giant Netflix Inc has struck a licensing deal in China with iQiyi, the country's major streaming video provider controlled by Baidu, according to a US film and television magazine, Variety.

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Geng said that the declaration established an important foundation for postwar international order. It is significant both historically and in reality, he said.

Gates insisted that women must have a "seat at the table, as the creators of society", pointing out that women entrepreneurs currently receive just 6 percent of venture capital funding for digital startups.

Global pharmaceutical company GSK has entered a string of partnerships with Chinese medical institutions, non-profit organizations and internet healthcare enterprises at the third China International Import Expo.

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Global oil demand is expected to fall by a record 9.3 million barrels per day year-on-year in 2020, the International Energy Agency (IEA) warned in its closely-watched monthly report.

Gathering over 100 pictures, more than 80 video clips and nearly 100 articles, the all-media book records the city's extraordinary experience combating the epidemic from the establishment of the city's headquarters for COVID-19 epidemic prevention and control on Jan 20 to the lifting of the "lockdown" of Wuhan on April 8.

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Geng also said that China and Central Asian countries have achieved fruitful results in jointly building the Belt and Road, which plays a positive role in facilitating regional interconnectivity, developing the economy and improving people's livelihoods.

Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics in Washington, said the trade war has damaged business confidence, cutting into capital expenditures.