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During the first seven months of 2018, the country cut its coal capacity by 80 million tons and crude steel capacity by 24.7 million tons, accomplishing over 50 percent and 80 percent of its annual goals, respectively, Zhao Chenxin, spokesperson for the National Development and Reform Commission, told a news conference.

During an investor call, Mollenkopf said a weakness in market demand for 4G phones, particularly in China, in anticipation of the 5G rollout, has contributed to the drop in sales. He also mentioned the export ban on Huawei as having an effect on Qualcomm's revenue.

During the talks, the lawmakers gave their suggestions on issues including pushing forward reform, reconstruction work after the 2013 earthquake and Tibetan inhabitants' livelihoods.

During the sell-off, high-growth companies like technology and industrial companies and smaller stocks were hit especially hard as investors worried about various factors that could slow their growth and their profits. Those included the US-China trade fight, rising interest rates that could make it more expensive to borrow money, and higher costs for fuel and other necessities.

During the September visit, Sisi also met with Chinese Premier Li Keqiang.