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Liu said the central bank would continue to keep liquidity at a reasonable and ample level, push for reform of loan prime rate (LPR), China's new market-oriented benchmark lending rate, and lower borrowing costs to ease the financing strain for smaller companies.

Liu puts on makeup before a day's work begins. She gets up at 6 am everyday. [Photo provided to chinadaily.com.cn]

Liu Yuting is an attendant for the high-speed train service G574 running from Southwest China's Chongqing municipality to Beijing. For the past seven years, Liu has served numerous passengers with her warm smiles and service.

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Liu Feng, chief economist of China Galaxy Securities Co said while the US economy's fundamentals are good this year, its stock market has slipped for more than a week because of the escalating trade tensions between the US and China.

Liu said there is no doubt that China will advance reform and opening-up at a faster pace because it is the very reason behind China’s robust growth over the past four decades.

Liu saw an opportunity to change his fate.

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Liu Shaoyong, chairman of China Eastern Airlines, said as the first global customer that will use the C919 aircraft, the carrier is looking forward to press the plane into service as soon as possible. The first route of the C919 will connect Shanghai and Beijing. The first flight on this route is expected to be around the 2020-22 period.

Liu Xiaoming (right), China's ambassador to the United Kingdom, awards a scholarship certificate to a student from Hong Kong on April 19 in London. ZHANG PING/CHINA NEWS SERVICE

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Lin Zhijie, an aviation industry analyst and columnist at Carnoc.com, one of China's largest civil aviation web portals, estimated the C919 aircraft would be put into operation between 2020 and 2022.

Liu Qiao, director of the Guanghua School of Management at Peking University, said that the growing presence of private enterprises from China in the global list of prominent companies represents the rise of a new economic power.