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Clearly, policies from the top were crucial to this positive outcome. The government created incentives for the domestic economy, encouraged foreign investment and allowed innovation to thrive. China's entrepreneurs and workers then converted these policies into an economic transformation that took advantage of the country's scale and talent pool. Their adaptability, flair, and willingness to take risks created today's China.

Chinese smartphone vendor OnePlus unveiled its latest 5G smartphone, as the company works hard to expand its popularity among consumers who prefer premium products.

Clean energy development is crucial to the improvement of energy structure, energy security and the promotion of ecological civilization, Xi said in the letter.

Christopher Bovis, a professor of international business law at the University of Hull in the UK, said: "With the recent communique, China reaffirms its resilience as a global economic power and a strong emphasis on industrial policies and science and technology to achieve the goals of socialist modernization, improve the quality of life for its citizens, eradication of poverty and global cooperation for responsible governance."

Christensen flashed a smile, and said "thank you" to his defense attorneys after the verdict was read.