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Compared with the more than 600 billion yuan of renminbi deposits in Hong Kong as of the end of August, the 20 billion yuan issuance is not quite large, and further issuance is possible in the future depending on the market demand, said Ming Ming, an analyst with CITIC Securities.

Combined turnover on the two bourses stood at 554.47 billion yuan ( billion) during the trading day.

Compared to previous years, the annual sessions of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) this year bear greater significance, the Chinese president said.

Companies and experts said optimizing the business environment is a key factor behind the growth of foreign investment in Zhejiang.

Compared with short-term assistance, the ASA wants "long-term answers to the pinch of tariffs — or to see the tariffs rescinded".