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In fact, the joint declaration said: “The two leaders declare before our people of 80 million and the entire world there will be no more war on the Korean Peninsula and a new age of peace has begun.”

In breakdown, excavation prices continued its upward trend, which rose 5.3 percent year-on-year, faster than the 4.2 percent growth in March. Growth of processing prices also quickened, up 0.9 percent year-on-year, while raw material prices stopped falling in previous months and remained flat in April.

In an earnings call in March, Li said the gross margin will turn positive in the second quarter and reach a double-digit percentage by the end of the year.

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In an opinion piece published by the South China Morning Post, Joshua Lok, a freelance journalist based in Hong Kong, said that with a similar colonial past, territorial size and economic success, Singapore and Hong Kong serve as mutual yardsticks for progress and remain competitors at the forefront of the Asia-Pacific region.

In an interview in July, Porsche China President and CEO Jens Puttfarcken expected the company's China sales this year to be on par with 2019 levels despite the coronavirus.

In an earlier statement issued on Thursday, police said they had stepped up law enforcement across the territory following calls for illegal assemblies and violent attacks on National Day.

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In breakdown, profits of communications equipment and computer manufacturers surged 55.8 percent and 36.8 percent, respectively, the ministry said.

In addition, the proportion of the internet industry's GDP or eGDP in overall GDP in China reached 6.9 percent last year, 1.5 percentage points higher than the US.

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In an interview with Xinhua during the CERAWeek by IHS Markit, Sun said US used to be a major importer of oil. But there has been a big change since American shale oil production increased largely in recent years which resulted in the reduction of oil import from the Middle East.

In contrast, internet TV companies, which buy fewer panels, possess less bargaining power with panel makers and other upstream suppliers.