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As market expectations grew over an interest rate cut this month by the US Federal Reserve, the US dollar index dropped by nearly 1.7 percent in June to 96.2, boosting the value in US dollar terms of reserve assets denominated in other currencies, said a report from China International Capital Corp Ltd.

As many parts of the world still confront trade protectionism and fierce commercial competition, CCPIT, the country's foreign trade and investment promotion agency, will support SMEs to improve their ability in the creation, protection and application of intellectual property rights via its global service network and partnership with other governments or international organizations.

As per the latest World Tourism Barometer released by the United Nations World Tourism Organization, Chinese tourist recorded more than 142 million international departures in 2017.

As of Wednesday, 775 firms are listed on the ChiNext with total capitalization of 5.6 trillion yuan, about 40 times the level 10 years ago. The board is dominated by small-and medium-cap innovative enterprises and startups, data from market tracker Wind Info said.

As of now, government officials of the two countries have never engaged in any negotiations concerning the trade friction, according to Gao.