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As the second-largest producer of greenhouse gases, the US now is the only country that has quit the 2015 Paris Agreement, a global effort to combat climate change ushered in during the Obama administration. Former President Barack Obama had previously pledged to cut emissions by 26 to 28 percent by 2025.

As the World Economic Forum's annual meeting approaches, China hopes to send a message that the nation will further promote free trade and investment and promote globalization, according to a senior official with the nation's top economic regulator.

As the asset receiver, the National Council for Social Security Fund will obtain dividends of the transferred shares from these financial institutions, which will in turn bolster the fund's earnings, according to a statement on the ministry's website.

As to the United States, investment in oil and gas fell sharply as well, accounting for 16 percent of the global spending. India, meanwhile, became the fastest-growing major energy investment market with spending up 7 percent, thanks to a strong government push to modernize and expand the power sector.

As the first and foremost concentration of China's contemporary fashion design, China Day will facilitate designer-buyer matchmaking and e-commerce collaborations at various NYFW events.