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Gold may be on an uptrend in the mid to long-term as risk appetite is dragged by a slowing world economy, Otunuga wrote in a report.

Government-led infrastructure investments in those areas will create profitable business opportunities and attract private investment. This will help address the lack of investment, a main source of economic downward pressure, and lead to higher residents' income and therefore more consumption.

Governments of Beijing and its surrounding regions have been taking a series of measures, including reducing the use of bulk coal and heavy trucks, and closing and upgrading small, poorly-managed polluting enterprises, to control air pollution, it said.

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Green urban planning and low-carbon building techniques are seen as important solutions in reducing urban pollution and carbon emissions. It is estimated that the built environment is responsible for around 30 percent of China's carbon emissions, Yang said.

Government lifts restrictions on range of business in nation's 11 pilot free trade zones

Guan told Xinhua that the CEAI will play an active role in ensuring the interest of Chinese enterprises in Israel, supervising their operations, fulfilling their social responsibility for local communities, and boosting the bilateral economic and trade cooperation.

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Gu Huazeng, 65, found a spouse for her son at the park, but is reluctant to encourage others to follow suit. "It was more a matter of luck," she said.

Gong Jiaqin, co-founder and vice president of Xag Co Ltd, said the company had registered some of its patents with cutting-edge technologies in overseas markets, to avoid any negative impact from the trade friction.

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Government officials in Tokyo expect the income from the new tax will amount to some 6 billion yen ( million) between January and March 2019, and a prior legislation had been passed to ensure all revenue generated is allocated for projects related to tourism.

Gross domestic product (GDP) in the first three quarters in South China's Guangdong province reached 6.48 trillion yuan (7.5 billion), up 7.6 percent year-on-year, while GDP in East China's Jiangsu province hit 6.26 trillion yuan, up 7.2 percent, reported China Business News Tuesday.