In Bali on Thursday, Yi exchanged views on economic and financial issues with US Treasury Secretary Steven Mnuchin and Jerome Powell, chairman of the US Federal Reserve, according to a statement of the central bank.
In April, another smartphone manufacturer, Nubia Technology Co Ltd, unveiled its first wearable watch-like smartphone called Alpha, which features a four-inch flexible screen manufactured by Visionox.
In April, China's private firms raised 66.1 billion yuan (.7 billion) through bond issuance, up 10 percent month-on-month, according to data from the People's Bank of China (PBOC).
In 2018, Amazon stepped into the political limelight. The company made daily headlines over the past year during its search for a second headquarters as cities and states offered juicy government incentive packages to lure the project. Amazon is competing for a billion Department of Defense cloud contract and developing facial recognition software that is attractive to law enforcement agencies.
In 2017, China's e-commerce transactions totaled 29.16 trillion yuan (.56 trillion), a year-on-year growth of 11.7 percent. In the same period, the country's online retail sales reached 7.18 trillion yuan, up by 32.2 percent since the previous year.
In August last year, the Ministry of Industry and Information Technology issued a guideline proposing that by 2020, cloud computing will be widely used in the production, operation and management of enterprises, and there will be 1 million more enterprises applying cloud computing in China.
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In 2018, Chinese people spent 770 billion yuan (4 billion) on luxury goods.
In 2017, the two countries' total trade volume was .7 billion, a year-on-year rise of 13.3 percent, the customs administration said. China and Canada also aim to double their trade volume in the decade leading up to 2025, officials said.
In 2018, it teamed up with supermarket chain Yonghui Superstores Co in smart retail and aerial drone food delivery. With the help of drones, the delivery time was reduced from at least 30 minutes to about 15 minutes, which ensures freshness of food and efficiency in delivery.
In August, five people were detained or given warnings by Shanghai police for posing for pictures in imperial Japanese uniforms in front of a warehouse used to repel the Japanese army in 1937.