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Despite the lackluster performance of the passenger car segment as a whole, premium cars are surging against the tide.

Despite last week's 9.6 percent fall in the Chinese mainland's A-share market, Lynda Zhou, a portfolio manager at Fidelity International, said a greater opening of China's financial market was likely this year as foreign participation helps it become increasingly mature.

Democratic control of the House, even as Republicans maintain a majority in the Senate, endangers Trump's legislative goals including wall funding. Democrats have proposed billions of dollars for border security, but no money for a wall.

Denuclearization of the Korean Peninsula and safeguarding peace and stability in the region accord with the common interests of all sides, said Xi, adding that it is vital for the international community to stay united over the issue.

Despite concern arising from trade protectionism and unilateralism, there are ample examples of positive trends in international trade relations with China. For example, US companies invested .8 billion in China in the first half of this year, 1.5 percent higher than the average growth rate in that period for the past two years, according to New York-based independent research provider Rhodium Group.