Government officials, investors and high-tech industry executives from China and the U.S. met to share their thoughts about the unicorn ecosystem in Silicon Valley and how counterparts in the world's two largest economies can collaborate better.
On Saturday, China and the United States issued a joint statement, vowing not to launch a trade war against each other. The international community welcomed this consensus reached by the world's two largest economies.
U.S. Treasury Secretary Steven Mnuchin said on Sunday that the United States and China have reached a deal on a "very important" framework concerning their economic and trade ties, and the two sides have agreed to put a possible trade war on hold.
Chinese President Xi Jinping's special envoy and Vice Premier Liu He said in Washington Saturday that China and the United States have reached consensuses on economic and trade issues, pledging not to engage in a trade war.
China's securities regulator has approved IPO applications from two companies, which will raise no more than 6 billion yuan (around 941 million U.S. dollars) in the A-share market.
French high-end department store Galeries Lafayette will open its second China store in Shanghai by the end of this year.
Starbucks has planned an ambitious expansion in the fast-growing Chinese market by doubling its number of coffee shops to 6,000 across China by fiscal 2022.
The World Bank has approved a loan of 150 million U.S. dollars to improve inland waterway transport in central China's Hubei Province, said the World Bank Beijing office Saturday.
China and the United States issued a joint statement on Saturday on economic and trade consultations, vowing not to launch a trade war against each other.
A bank clerk counts cash in Taiyuan, capital of Shanxi province. [Photo by Zhang Yun/China News Service]