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Last year, production and sales volume for China's automobiles reached 27.81 million and 28.08 million units, down 4.16 percent and 2.76 percent year-on-year, respectively.

Larry Kudlow, White House economic adviser, would not confirm the meeting invitation, but said that communication with Beijing had "picked up a notch".

Last month, yuan-denominated cross-border trade settlement reached 363.2 billion yuan. Direct investment settled in yuan totaled 215.7 billion yuan, according to the PBOC.

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Last week, the government of Uttar Pradesh, the country's biggest state in terms of population, had decided to impose a weekend lockdown from Friday night till Monday morning, to cut the chain of transmission of COVID-19. The state will continue with similar lockdowns every weekend.

Lardy expressed that he wants to learn more specifics on how soon the measures will be implemented.

Last month, consultancy McKinsey & Co reported that e-vehicles had become increasingly popular with Chinese motorists.

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Last year, President Xi said that to harness the Yellow River, priority should be given to eco-environmental conservation, with the key being eco-environmental governance.

Last year, Chancellor Hammond attended the Belt and Road Forum for International Cooperation as Special Envoy of Prime Minister May. He said at the Forum that Britain is a “natural partner” for China in advancing the BRI.

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Last August, Emperor Akihito made a rare public televised address during which he suggested he wanted to step down because his advancing age and weakening health were making it difficult for him to carry out his official duties to the best of his ability.

Last week, 20 guitar enterprises from Guizhou and other provinces signed deals with Zheng'an with a total investment of 840 million yuan (2 million). The agreements involved the production of guitars and parts.