The two largest economies in the world have benefited enormously from bilateral trade and investment. However, it is necessary for them to further boost jobs and profits for both sides, they said.
The two sides are also expected to further collaborate in the services, cross-border e-commerce and outsourcing sectors, he said.
The trend of consumers favoring online shopping is not just in the US. Two weeks ago in China, e-commerce giant Alibaba saw record sales of .8 billion in the 24 hours of Nov 11, or so-called "Singles Day," which is also having an impact in the US.
The train with a maximum speed of 120 km per hour is tailored for tourism purposes.
The two countries signed an agreement that the UK will inject million into the Asian Infrastructure Investment Bank's Project Preparation Special Fund which provides grant support primarily to low-income developing member countries to prepare high-quality projects.
The two countries established diplomatic ties in January 1980. Relations were upgraded to a comprehensive strategic partnership in 2016. China is now Ecuador's second-largest trading partner.
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The two profitable joint ventures of the carmaker - Changan Ford and Changan Mazda - both saw sales fall in the first three quarters of this year. Sales at Changan Ford and Changan Mazda dropped 58.2 percent and 25.4 percent year-on-year respectively.
The two sides should take the opportunity of the ongoing China-Japan Youth Exchange Promotion Year to actively carry out various exchange activities such as study tours.
The typhoon will head toward the northwest at about 35 km/h and gradually increase in force, the center said. It will make landfall between the cities of Ruian and Xiangshan in Zhejiang on Sunday night.
The two parties will seek in-depth exchanges and collaborations on the internet of vehicles (IoV), intelligent driving, smart monorail and smart campus solutions.