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Democrats accused Trump of speeding down "a path of defiance, obstruction and cover-up". They warned that defying the House subpoena would in itself be considered "evidence of obstruction" and a potentially impeachable offense.

Despite all the achievements, the industry is still faced with multiple challenges during its green efforts, said He.

Despite the escalation of the China-US trade dispute, a senior expert said there was no reason to doubt China's attraction to foreign investment as long as its domestic economy remains stable, therefore the country's ongoing consumption upgrading boom and service infrastructure will remain promising to global investors.

Demand for bank loans increased in the second quarter with an index for the same rising to 75.8 percent, up 9.8 percentage points on a quarterly basis, according to another survey released on Friday.

Despite recent controls on capital outflows, Chinese healthcare and life science companies will continue to find ample opportunities for mergers and acquisitions or M&A abroad, according to a report by Deloitte Touche Tohmatsu, one of the "Big Four" global accounting firms.