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Both fiscal and monetary policies have "sufficient ammunition" to support economic growth, said Yang, former deputy head of the Office of the Central Leading Group on Financial and Economic Affairs.

Boston Consulting Group said in a report that if the US government increases restrictions on semiconductor trade with China, this could endanger the country's own position as a leader in the sector.

Bill Stafford holds a photo of his 1986 trip to China. PROVIDED TO CHINA DAILY

Bilateral exchange between the two peoples was also emphasized during President Xi Jinping's visit to Greece earlier this month. In a signed article published in Greek newspaper, the president called for expanding people-to-people exchanges to draw further strength from time-honored civilizations of both countries to make them a model of dialogue between civilizations.

Boomerang is a Silicon Valley-based company,?which?tracks pricing strategies across online retailers to help companies remain competitive, and happened to be founded by a former Amazon executive.?The survey also brought up the mix of generic items vs. brand names. If you compared prices on Jet to AmazonBasics, the company’s private label that produces everything from microfiber towels to phone chargers, Jet was 28 percent more expensive. That said,?comparing brand name?items to generics?seems unfair.