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British fashion brand Burberry has teamed up with China's tech giant Tencent to create an interactive WeChat shop in the southern Chinese city of Shenzhen. [Photo/Burberry]

Businesses will have to continue to deal with the ongoing uncertainty, which is likely to continue to weigh on investment and trade.

Business burdens will be reduced through fewer government-imposed transaction costs and administrative charges, according to the recent economic work conference. Energy and logistics spending will decline through reforms in the power, oil and natural gas, and railway sectors.

Both the industrial and service sectors are improving, while consumption has become a major engine for growth, suggesting the "inherent momentum" of the economy has been enhancing, Pan said.

Both sides are expected to finalize the date and location of a second summit between Trump and Kim, and the DPRK's envoy is likely to meet Trump, the paper said.