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US President Donald Trump holds up a cap reading “Make Our Farmers Great Again” while delivering remarks at a showcase of American-made products at the White House in Washington on Monday. [Photo/Agencies]

URUMQI -- The Alataw Pass, a major land port in Northwest China's Xinjiang Uygur autonomous region, has witnessed booming cross-border e-commerce as it has handled more than 30 million outbound parcels this year.

US car-rental company Avis Budget Group plans to set up its China headquarters in Hainan province, and expand its car rental business. Star Cruises hopes to develop more island cruise tours, starting from the port of Haikou, and Sweden's Ikea Group wants to establish a company in Haikou, and purchase raw materials such as rubber wood.

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US Virgin Islands

URUMQI -- Cross-border e-commerce business at the Alataw Pass, a major land port in Northwest China's Xinjiang Uygur autonomous region, continues to grow thanks to increasing customs clearance efficiency.

US stocks slumped Monday as investors surveyed the economic damage caused by the coronavirus pandemic and considered gloomy prospects for a sustained rebound as oil prices hit the bottom of the barrel.

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US Vice President Mike Pence. [Photo/Agencies]

US President Donald Trump holds a cabinet meeting at the White House in Washington, May 9, 2018. [Photo/Agencies]

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US Secretary of Defense Jim Mattis (L) and Vietnam's Defence Minister General Ngo Xuan Lich leave a meeting room in Ho Chi Minh city, Vietnam Oct 17, 2018. [Photo/VCG]

US President Donald Trump speaks about the shootings in El Paso and Dayton in the Diplomatic Room of the White House in Washington, Aug 5, 2019. [Photo/Agencies]