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Meanwhile, emerging markets are projected to grow by 3.9 percent on average in 2018, slightly down from last year.

Meanwhile, French cosmetics retailer Sephora is expanding vigorously in China. With its concentration of high-end makeup and skincare products, as well as its fashionable store design, Sephora has attracted a large number of young consumers.

Meanwhile, outbound investment to 52 economies involved in the Belt and Road Initiative stood at .55 billion, accounting for 12.4 percent of total ODI, up 4.3 percentage points year-on-year.

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Meanwhile, the city plans to upgrade its internet speed as a pilot city for the new 5G mobile technology, further supporting its status as an IoT hub.

Meanwhile, "we're also playing our part in creating jobs, training the engineers of tomorrow, investing in new technology and supporting universities", the company said.

Meanwhile, China is boosting its semiconductor industry in the hope of becoming a player in advanced chips, with the State Council announcing that some manufacturers will be exempt from corporate tax for up to 10 years.

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Meanwhile, Vipshop's chairman and CEO Shen Ya said in the statement his company will continue to operate as an independent e-commerce platform.

May 25: The DPRK says it is still willing to hold talks with the US "at any time, (in) any format".

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Meanwhile, residents traveling on package tours rose by 16.5 percent to 50,000 on account of a 21.3 percent growth in those visiting the mainland (40,000).

McGreevy explained that imported primary aluminum and can sheet are critical to the beer industry as more than 60 percent of all beer produced and sold in the US is packaged in aluminum cans and aluminum bottles.