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Yi Huiman, chairman of the China Securities Regulatory Commission, said the top securities watchdog will step up efforts to make shares of STAR-listed companies available to foreign investors under the stock connect with Hong Kong, and introduce a market making mechanism on the board.

Ygeman was referring to a new Swedish legislation this year, which strengthened security requirements for telecommunication operators.

Yoshihide Suga, Japanese government's chief cabinet secretary, will make the announcement after Japanese Prime Minister Shinzo Abe's cabinet decides the new era name, Kyodo News said, adding that after the announcement, Abe will make a statement on the name of the next era.

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Yinxiang Biji says its Chinese users have now increased to tens of millions, creating a total of more than 1 billion notes.

Yi said that China will adhere to the principle of letting the market decide the yuan's exchange rate. "China … will not make a competitive devaluation of the yuan, nor will it use exchange rates as means for competition or coping with trade disputes," he said.

Yili said earlier that it aims to become one of the top five global dairy producers in the near future, reaching an annual sales revenue of more than 100 billion yuan.

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Yu Jianlong, secretary-general of the China Chamber of International Commerce, said the trade disputes would not alter the goal of both countries to reduce investment restrictions. The economic growth resulting from such reductions would help the Trump administration fulfill its promise to create jobs in the US manufacturing sector, at least within the next two years, Yu said.

Ymatou is hiring more than 60,000 buyers living abroad as local agents to buy foreign products for customers in China. In the past year, the company has revised its entry rules for buyers several times and made random checks to ensure the quality and authenticity of products.

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Yiwu is a beneficiary of the Belt and Road Initiative, said Lin Yi, secretary of the Yiwu municipal committee of the Communist Party of China. "The initiative has sped up the development of the China-Europe freight train service and greatly promoted the international trade for Yiwu," said Lin.

Youth delegations from Shanghai Cooperation Organization member countries and observers pledged on Thursday to further strengthen international cooperation and prevent participation by young people in terrorist, extremist or separatist organizations. The pledge extends to cyberspace and also involves stopping the spread of destructive ideas among youths in various countries.