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Pompeo will visit Malaysia, Singapore and Indonesia this week, where he planned to announce new security assistance to the region.

Popular tourist destinations both in China and overseas are expected to see a hike in visitors, he said.

Power use in the agricultural and industrial sectors rose 7.1 percent and 5.5 percent, respectively.

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Pompeo was confirmed last Thursday, and was officially sworn-in hours later by Supreme Court Justice Samuel Alito before he embarked on his first foreign trip as secretary.

Pompeo's priority

Premier Li Keqiang: True, China's macro leverage ratio is not low by global standards, but it's not the highest either. An important objective factor is the high savings rate in China and the lack of smooth channels of direct financing. The past few years have indeed seen a relatively fast increase in China's leverage ratio. To ensure sustainable development in the long run, we have taken measures to stabilize the leverage ratio, which has led to a moderating increase in leverage in the first half of this year. The deleveraging we pursue is structural in nature, as the leverage ratio has become quite high in some sectors. Recent statistics have indicated the beginning of its downward trajectory in these sectors.

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Premier Li Keqiang has called for adherence to the one-China policy and the 1992 Consensus, while pledging more supportive measures for Taiwan businesses to invest on the Chinese mainland.

President Xi Jinping called on Monday for concerted endeavors and strategic arrangements in key cutting-edge technologies and in fields subject to other countries' control to achieve innovative breakthroughs.

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Preparations for a successful event are already in full gear. Xiamen city officials on May 22 launched a 100-day countdown to the 9th BRICS summit. "BRICS Xiamen summit is fast approaching. We have drawn up schedules and kept everything in progress," Pei Jinjia, Secretary of the Communist Party of China Xiamen Municipal Committee told a press conference at the C&D Hotel, Xiamen last May.

Positive economic policies and a stable investment environment are the strongest guarantees for steady and rapid growth. Another key area to stimulate the economy is supply-side reform, addressing institutional barriers and supporting innovation. The service economy is also key field. I trust the world will continue to foster globalization as a source of prosperity for all.