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With the two countries' cooperation enhanced, China-Philippines relations have seen healthy and stable development, bringing tangible benefits to both peoples and contributing to the region's peace and stability, he added.

With total assets exceeding 6 trillion yuan, the Beijing-based medium-sized bank focused its efforts on pushing forward retail banking transformation to build a robust "troika" business structure that consists of corporate banking, retail banking and financial markets, said the bank in its annual results announcement.

Workers repair earthquake damage to power lines at a local manganese production company in Chongzuo's Daxin county, the Guangxi Zhuang autonomous region, on Monday. CUI BOWEN/XINHUA

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Work report targets to be monitored for completionThe State Council has urged allout efforts to complete development tasks and targets set in the 2019 Government Work Report in an executive meeting on Wednesday.The meeting, presided over by Premier Li Keqiang, allocated tasks in the Government Work Report to different departments, and decided on time limits.It also highlighted the importance of full implementation of the tasks within the spirit of staying highly responsible to the people and making the utmost efforts to complete the goals and tasks for social and economic development for the year.Related government departments should come up with concrete measures to further reform and opening up, streamline administration, cut taxes and fees, refine the business environment and foster new growth engines, according to a statement released after the meeting.The work and policies that have already been decided should be carried out as soon as possible, with funds delivered promptly, the statement said.It is also important to gauge the reactions of businesses and the public to ensure the government work will deliver results that are clearly felt by the market entities, it said.Different departments should also enhance coordination in work and policies, improve mechanisms for supervision and prevent any drifts from targets or negligence."We should stimulate the market vitality through effective implementation, boost the confidence of market vitalities, hold out against the downward pressure and maintain a stable economic performance," the statement said.Labor Day holiday to be extended to four days

Wu said he now spends half of his time in China, even though he lives in Brunei with his family. And he has tried to play a bigger role in helping people of the two countries know each other better.

World Trade Organization (WTO) Director-General Roberto Azevedo (Front) speaks at a press conference after a two-day meeting of the WTO's General Council in Geneva, Switzerland, on Dec 10, 2019. Roberto Azevedo said here Tuesday that as of Wednesday, the Appellate Body would be unable to hear new appeals. [Photo/Xinhua]

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Wrapping up his keynote, Jassy called the move to the cloud “the most titanic shift that we’ve seen in technology in our lifetime” — cautioning that companies will fall behind if they don’t adjust, and promising that they will have the opportunity to achieve once-in-a-lifetime advances if they do.

Wu believed smartphone shipments will maintain a steady pace of 2020 in line with last year, with a market scale of around 340 to 360 million.

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Wong said Singapore also wants to encourage Singaporean and Chinese companies to forge partnerships and do projects together in third countries, as well as work together on human resource development in countries along the Belt and Road.

Worth noting is Tencent Cloud has also been highlighted in Tencent's restructuring plan this September. Tencent established its Cloud and Smart Industries Group by integrating Tencent Cloud, Internet plus, intelligent retail, education, medical care and security to guarantee the independence of its cloud computing service. And Alibaba's restructuring will further intensify competition between the two rivals.