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"Deflationary pressure receded in February, and production and business expectations rebounded visibly," CICC said.

"Eid al-Adha festival is a great day here in China. Thousands of Muslims celebrated it with us in the vicinity of Niujie Mosque. This was a manifestation of how considerate China's government is toward religious minorities," he said.

"During the conversation, the sides exchanged views on the situation in the Nagorno-Karabakh conflict zone developing after the trilateral talks in Moscow on Oct 9-10," it said.

"Despite the improvement in epidemic control worldwide, many countries' recent plans for reopening markets may bring about a second wave of COVID-19 cases, which may pose new threats to the global economy's recovery in the future," Liu said. "Due to the epidemic's impact and the lack of new momentum, the world will continue to experience an economic slowdown this year."

"Despite all of the geopolitical tensions that exist in the world, between China and the US, we continue to build our US business carefully," said Michael Evans, president of Alibaba, reported Yahoo Finance. Evans said he has been to Washington to talk about the e-commerce giant's business plans in the US, so "we don't surprise them".