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Chinese support, partnerships and investment in Uruguay could be the key to boosting the growth of the South American country, especially in trade.

Chinese yuan weakened 206 pips to 6.7195 against the US dollar Wednesday, according to the CFETS.

Christopher J. Nassetta, president and CEO, told China Daily that China is one of its largest markets outside of the United States and its business will be tripled if they meet the development goal. So far the Chinese market takes up about 4.5 percent of its global revenue, half of what comes from the Asia-Pacific region. Nassetta said they expect to raise China's contribution to 10 to 15 percent by 2025 through developments including loyalty programs, digital technology and services.

Chinese telecom equipment maker ZTE Corp said on Friday it won't accept the United States' ban on the company, which is "extremely unfair" and has ignored all efforts to comply with US export control laws and regulations.

Chu revealed that goods trade continued the upward growth momentum in January.