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During the Lujiazui Forum held in mid-June in Shanghai, Kamath said that Shanghai should take the chance of working with global financial institutions such as the NDB to build itself into a world financial center and the process will be much easier, thanks to the use of technology. By providing financial services to BRICS countries in renminbi, the NDB will also facilitate the internationalization of the renminbi, which is essential to Shanghai's role as a world financial hub.

During the first 10 months of this year, profits of the coal mining and washing sector surged six fold to 250.6 billion yuan (.9 billion), according to the National Bureau of Statistics, benefiting from deeper supply-side structural reform, which targets reduction of outdated capacity and production costs.

During the event, a book fair was held showcasing the second volume of Xi Jinping: The Governance of China (Chinese and Korean versions) as well as books on Chinese language and culture.

During the trial, prosecutors presented evidence, which Yu and his defense attorneys examined.

During her visit to China, British Prime Minister Theresa May said the UK and China would continue to work together "to identify how best we can cooperate on Belt and Road across the region and ensure it meets international standards."