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Ben Randol, a senior foreign exchange strategist at Bank of America Merrill Lynch, also believed that the global foreign exchange (FX) market and other asset classes have recently been "infused with optimism about a U.S.-China trade deal," which has led to a declining tendency in the dollar.

In recent years, China has become a source for many goods imported to Iraq such as smartphones, electronics and automobiles.

The international community has contributed to this growing momentum. In return, China is ready to contribute to global development on the basis of its own development.

SANYA, Feb. 25 (Xinhua) -- Southern China's island province of Hainan has launched a 3 billion yuan (449 million U.S. dollars) fund for free trade zone (FTZ) construction, local authorities said Sunday.

For veteran driver Zhou, he can still remember the days he would witness travelers carrying multiple bags while rushing to get on the train and secure enough room for their belongings. With neat and more spacious carriages, that chaos is rarely seen nowadays.