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"Compared with our October 2017 projection, which preceded the recent US tax and spending changes, we now expect the United States' current account deficit for 2019 to be roughly 0 billion higher," he said.

"Contrary to the accusations made by the prosecutors, I never received any compensation from Nissan that was not disclosed, nor did I ever enter into any binding contract with Nissan to be paid a fixed amount that was not disclosed," the 64-year old said.

"Chinese companies, especially private enterprises and SMEs, should not be anxious or impatient. Opportunities still outweigh challenges for Chinese manufacturers to go global in the post-COVID-19 period."

"China's fight against desertification is stepping into a new period with the hardest-hit region to be recovered. And our target this year will focus on the border regions and major sources of sand storms," said Sun Guoji, director of the administration's anti-desertification department.

"Cross-border e-commerce greatly lowers the bar to enter global trade as the scale of doing business online doesn't need to be huge. Thereby, it is involving more participants, especially SMEs, in commerce worldwide," said Liao Xiaoqi, former vice-minister of commerce, prior to the Boao Forum for Asia, which officially kicks off on Thursday.