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The country saw great improvement in the quality of surface water in 2019.

The country is also preparing to introduce the renminbi interest rate options, a financial derivative instrument to hedge interest rate risks, and to encourage investors to use more foreign exchange rate option products, according to Lu.

The corridor was jointly built by western Chinese provinces and countries of the Association of Southeast Asian Nations under the framework of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity, which the two sides signed in 2016.

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The cordial mood on Tuesday and the smiles on the faces of the two leaders pose a big contrast to the war of words they engaged and the war threats they made and alarmed the world just months ago.

The corridor is expected to offer a shorter, quicker and cheaper trade route between western China and Southeast Asia, besides helping the country to expand its economic cooperation with Europe and the rest of the world.

The conventional bulb market is indeed declining, but we are declining less than the market. Instead we are increasing our market share, so it's still quite a sizable business for us. We are keeping our profitability high and the cash flow is still good. The other businesses are growing in a complicated market because the Chinese economy is not (growing) the same as before, and neither is Europe. The rest of the growth engines have grown in both sales and profits. It proves their contribution to profits.

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The country vowed to keep its prudent monetary policy "neither too tight nor too loose" and make counter-cyclical adjustments in a timely and moderate manner, the central bank said in its second-quarter monetary policy report.

The country's Superior Electoral Court said the results confirmed that voters will be heading to the polls again for the second round of the election, as neither of the two leading candidates reached 50 percent support to win outright.

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The country "has also put forward a lot of inter-connectivity initiatives, and vigorously promotes multi-sector technical and economic cooperation agreements of the Bay of Bengal rim. In terms of inter-connectivity and the Belt and Road Initiative, we two big neighboring countries should be natural partners," he said.

The countries in the region have the final say on the current situation and the further cooperation in the region, he said, hoping that the non-regional countries should change their mindsets, and understand and support the positive efforts China and ASEAN have made.