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The United States, which remains the hardest-hit, reported 972,969 cases and 55,118 deaths. Spain and Italy followed with 229,422 cases and 199,414 cases, respectively. Other countries with over 100,000 cases included France, Germany, the United Kingdom and Turkey, the CSSE date showed.

The United States has maintained a long-term surplus in service trade. In 2016, the United States exported 51 movies to China, obtaining revenue of 16 billion US dollars. Chinese tourists and students in the United States spent more than billion.

The US economist said China and other major economies in the world are recommended to mull future strategies that are flexible and "adapt to the new post-COVID economic and geopolitical environment."

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The US moves, using human rights, democracy and autonomy as an excuse, are a product of its own political calculations, the SAR government said, and the act constitutes a violation of international law and an attempt to make trouble in Hong Kong and contain China.

The US solar industry employed 10,000 fewer solar workers in 2017 and 8,000 fewer in 2018, marking two years in a row that employment in the solar industry has dropped after seven years of steady job growth, according to the Solar Jobs Census. The US government began considering tariffs in the first half of 2017.

The US soybean industry was pleased to see positive developments in US-China trade relations after the two presidents met over the weekend, according to the industry association.

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The US, China and Germany had the most leading science and technology clusters, the report noted, while Shenzhen-Hong Kong and Beijing were among the global top five clusters.

The United States has apologized to China for misusing President Xi Jinping's title in a transcript, Foreign Ministry spokesman Geng Shuang said on Monday.

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The United States has enormous economic interests in Hong Kong, including earning from Hong Kong the largest bilateral trade surplus amongst its global trading partners for the past decade, and the surplus stood at over billion last year, the spokesman said in the statement.

The US Fed made the first cut in its key interest rate in a decade to counter impacts from trade tension, low inflation and global weakness. It was widely expected that China would follow suit to lower its benchmark interest rate to fuel future economic growth.