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Before Spring Festival, Hainan companies had signed orders from overseas customers for 150 containers of aquatic products, with a total volume of 3,500 metric tons and a net value of 150 million yuan ( million). Because of the nationwide coronavirus outbreak, only 200 workers at two companies had resumed production by Feb 20, and most companies faced the risk of huge defaults as goods that had been ordered were supposed to be delivered by end of the month, said Lu Min, an official with the department.

Beijing-headquartered ChemChina possesses production, research and development, and marketing systems in 150 countries and regions. Materials sciences, life sciences, high-end manufacturing and basic chemicals are its main businesses.

Because of policy changes on both sides, Sant said a lot of Chinese companies invested in the US are concerned. "They are worried about 'is the US still friendly to us', so there is some pull back from Chinese investment in the US," he said. "Meanwhile, I think some US companies are concerned about investing in China because they feel maybe people are angry about the trade war and they won't be as friendly toward US products."

Beijing's food and drug regulator has launched an investigation into packages of fake instant Starbucks coffee after counterfeits were found in the capital.

Before the flotilla sets sail from the city on Tuesday, its crew members, together with representatives of the PLA Hong Kong Garrison, are scheduled to pay a visit to a nursing home on Monday, among other local activities celebrating the 20th anniversary of the PLA being stationed in Hong Kong.