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Interest rates have stayed largely stable and overall financing costs have edged down, a PBOC official said in an interview with Financial News. "The financial sector has provided solid support for the real economy...and played an important role in preventing financial risks."

Institutes and affiliate programs of the conservatory include the US–China Music Institute, which promotes the study, performance and appreciation of music from contemporary China and supports musical exchange between the US and China.

Investment growth was steady, with fixed asset investment rising 7.8 percent year-on-year in the January-August period and investment into areas of weakness maintaining a relatively sound growth.

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International Monetary Fund (IMF) logo is seen outside its headquarters in Washington, Sept 4, 2018. [Photo/Agencies]

Innovation is flourishing in biotech, big data technologies and many other areas, Lee said. With the Made in China 2025 policy, Beijing is making strategic moves about development.

Iran has apparently mounted successful cyberattacks in the past. In 2011, hackers attacked computers at the New York Stock Exchange and Nasdaq Stock Market.

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Inviting her to visit the German factory and celebrating her birthday showcases the company's humanistic treatment of customers, Wang said, adding the result of the agreement was beyond her expectations and thus she was very satisfied.

International Data Corporation (IDC) forecasted that the COVID-19 outbreak will bring opportunities for online classrooms and education, remote offices and online activities, 5G industry applications, unmanned commerce and services, and fresh food e-commerce in relation to the accelerating rise of contactless businesses and services.

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Instead, the key is to attract talent, capital and other production factors to China's western region.

Ip's comments came after the US Republican Study Group issued a report, "Strengthening America & Countering Global Threats" that labeled China "a security threat" and urged the Trump administration to consider economic sanctions.