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The global financial crisis was a good example. Before the US subprime mortgage crisis in 2007, though the global economy was on a strong rise with steady inflation, skyrocketing stock markets and house prices sowed the seeds of the crisis.

The global public cloud market will surge to 6.2 billion in 2019, rising 17 percent year-on-year from the expected 5.8 billion in 2018, market research company Gartner Inc forecast.

The gas hydrate, commonly known as combustible ice, is perhaps another 15 years away from commercial use, but its successful mining in China is a breakthrough nevertheless, said Lu Hailong, a professor at the Institute of Ocean Research, which is part of Peking University.

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The government of Kiribati recognizes that there is but one China in the world, said the communique. The government of the People's Republic of China is the sole legitimate government representing the whole of China, and Taiwan is an inalienable part of China's territory, it said.

The friendship between the two presidents set sail in spring of 2013 when Xi arrived in Moscow for his first visit to the country as Chinese head of state.

The goal of the program is to contribute to the journalists' professional development and eventually to promote the common development of China and all other countries and regions.

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The foundation of the banking industry is to serve the real economy, and inclusive finance is an important booster for banks' transformation, he said.

The going has not been easy. The interim results of Watsons' Hong Kong-listed parent company showed that first-half revenue from the Chinese mainland was HK.6 billion (.35 billion), down 6.2 percent year-on-year but better than the previous first-half's 8.5-percent decline.

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The global index provider said it will continue with its three-step plan of further including A shares in August and November, despite external uncertainties and consequent market fluctuations.

The fund is operating as normal.