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"Consumers are getting more used to purchasing jewelry online due to convenience and the same quality compared with products from local stores."

"China's logistic industry is becoming more tech savvy," Feng Gengzhong, deputy head of China Society of Logistics, said at a recent industry forum in Xi'an, Shaanxi province.

"China's development in power generation technology will (also) play an even bigger role in these economies' development, which is beneficial to the entire world," Yuan said. Cooperation between China and other Belt and Road Initiative economies is linked through development contracts and equipment exports. China has signed agreements involving 295 power projects with more than 40 countries in the past four years. These include coal-fired and hydropower stations in Southeast Asia, and wind farms and coal projects in South Asia.

"Considering the White House's recent track record on event hosting, we never expected its 'packed season of holiday parties' to spread cheer," freelance writer Claire Lampen wrote in her article carried by The Cut, New York Magazine's fashion and lifestyle site, on Wednesday.

"Chinese tourism is a big prize in global trade. ... On this front, the US has more to lose than China," Robin Winkler, foreign-exchange strategist at Deutsche Bank, said in a note in June. The trade war "would likely take a severe dent to household income growth to squash the new middle class's appetite for passports and foreign travel. A weaker exchange rate could make foreign travel somewhat less affordable", Winkler added.