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And he was impressed by the development of China, and highly values the chance to have close communications with senior officials of the CPC.

Andrew Karolyi, a professor of finance at Cornell University, said investors will welcome the action largely because it appears to be tied to an impending agreement set to normalize trade relations with China."These steps individually and together help to reduce global trade policy uncertainty, something markets have been craving for months," Karolyi told China Daily."It is more than just symbolic, as lower trade policy uncertainty likely means more trade flows and greater cross-border portfolio and corporate investment flows, all of which stimulates more economic growth," he said.

Angie Chau

Analysts are also speculating whether China would retaliate by dumping US Treasury bonds as a countermeasure, which was seen as a "nuclear bomb" in the financial markets.

And Huangshan Scenic Area won the UNESCO International Prize for the Safeguarding and Management of Cultural Landscapes, became the first UNWTO (United Nations World Tourism Organization) Sustainable Tourism Observatories in China, the first batch of the "global destination for sustainable tourism standard experimental zone" established by the Global Sustainable Tourism Council, and the first tourism scenic spot in the world that has successfully implemented the systems of measures for excellence in destination (SMED).