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"But the 0 billion valuation is undoubtedly too high even by the standards of Chinese companies' high price-to-earnings ratio. Xiaomi's market performance can by no means support that," Shen said. "Something between to 0 billion is more likely."

"China is taking a lead in STEAM education. Therefore, we are willing to introduce related products in China. Based on the market feedback, we will develop more courses and introduce more STEAM educational products in China in the coming years," said Isozu.

"But the leadership do not imply a major shift in the macro stance toward significant stimulus and/or the end of the deleveraging campaign," Kuijs said.

"By introducing level two restrictions we will save 78.5 gigaliters of water."

"China expects the meeting to achieve positive results in such areas as strengthening pandemic prevention cooperation, stepping up public health cooperation in East Asia, boosting pragmatic cooperation and business exchanges and pushing forward regional economic integration," Foreign Ministry spokesman Zhao Lijian said on Monday.