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American Express Co, the largest credit-card issuer based on purchases, is seeking to extend its services to young affluent consumers in China, hoping to tap into their purchasing potential in outbound tourism and international online shopping.

Amid the current tensions over global trade, Britain would like to wirk with China to make sure the World Trade Organization (WTO) becomes an effective part of the dispute-solving process, Woodward told Chinese media on Friday during a joint briefing here.

Among all categories in the tertiary sector, power consumption in industries like rental, commercial services, real estate and retail has projected double-digit growth, while power consumption in information transportation/software and information technology services has seen a 16.2 percent year-on-year growth, the report showed.

Among CEFC's investments, the deals to buy a majority stake in brewer Pivovary Lobkowicz Group and the acquisition of the oldest Czech football club SK Slavia Praha may seem like not the "most economical" choices as the two entities are in financial distress.

Amid a dynamic global aviation market, the US aerospace giant sees "tremendous opportunities" from the long-chain service sector, especially in Asia.