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Traditional financial institutions have ramped up efforts to make financial technology innovation, using different measures such as launching special funds or setting up fintech subsidiaries, said Arthur Wang, partner and head of banking at KPMG China, at a media briefing in November.

Trade with BRI countries totaled 4.24 trillion yuan (7.5 billion) during this period, up 9.7 percent year-on-year and outpacing the growth rate of the country's total H1 trade, according to the General Administration of Customs (GAC).

Tourism was inevitably affected by the COVID-19 outbreak in the first quarter. But the young entrepreneurs did not sit idly by. They chose to livestream their homestays and featured products on TikTok and WeChat to expand exposure.

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Toji said that the environment for drone business development in Shenzhen is very agreeable with a large number of companies in the same industry, which is convenient for test flight and has greatly promoted the efficiency of experiment and improvement.

Traffic was blocked by radical protesters opposing the Legislative Council's resuming second reading of the National Anthem Bill, which outlaws acts that insult March of the Volunteers.

Trade remains the unknown factor in the Federal Reserve's calculations. Last month, Trump boosted tariffs on 0 billion of Chinese goods to 25 percent, and Beijing retaliated by announcing billion in levies on US imports.

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Train service on the Tung Chung Line and East Rail Line were partially suspended on Thursday as a result of damage. Four stations on other lines were also shut down. The Cross Harbor Tunnel remained closed as barricades were set up on the Hung Hom side. Protesters had set fire to tollbooths the night before.

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Trade between the Chinese mainland and the Belt and Road economies reached 7.4 trillion yuan in 2017, up 17.8 percent year-on-year, according to the Ministry of Commerce.

Total bauxite imports by mainland companies are expected to reach 18 million tons in 2019. The number is likely to hit 140 million tons by 2025, Aladdiny data showed.