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He noted that national currencies are backed up by sovereign credit, something no other organization can offer.

He made the remarks in response to the announcement on Wednesday by the Ministry of Culture and Tourism that travel permits to Taiwan by individuals from the mainland will be suspended starting Thursday due to the current climate of cross-Straits relations.

He highlighted the Montevideo Mechanism for mediation promoted by Uruguay, Mexico and Bolivia, a "regional initiative the government is betting on" to forge a peaceful way out of the crisis.

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He cited as an example rumors that people had been killed on Aug 31 in a police clearance operation at the Mong Kok MTR Station, saying that despite repeated clarifications by the police and the Fire Services Department, such allegations have continued.

He later developed his interest in researching plants on the mountain. Du used to spend over 200 days on the mountain a year and read related books for hours a day .

He has tried booking hailed cars and taxis online in advance, but without a definite pickup point drivers usually have difficulty finding him.

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He explained that political parties in Western countries often represent a group of people, however, the CPC represents the whole Chinese people, and it boasts more than 90 million members from all walks of life throughout the country.

He noted that ROK hoped the exchange between China and the DPRK would become a stepping stone for the second DPRK-US summit.

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He particularly called for supporting the development of private enterprises by improving their access to financial services and easing burdens of all kinds, and improving the financial system's ability to serve the real economy, especially through accelerating rule-based reforms of the capital market.

He made the remarks at the first-ever printing innovation conference in Beijing in September.