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Pop Mart sold about 4 million Molly dolls, another collectible blind box figure, last year and expects to sell twice as many this year, Wang Ning, who founded the company in 2010, said at the China Central Academy of Fine Arts in April.

President Xi Jinping accompanies Kazakh President Nursultan Nazarbayev during a welcoming ceremony outside the Great Hall of the People on Thursday. FENG YONGBIN / CHINA DAILY

Powell also talked about the Fed's effort to gradually shrink the size of its balance sheet by reducing the holdings of Treasury and agency securities.

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Poverty relief is high on China's 2016-2020 agenda, and the government has vowed to lift everybody out of poverty by 2020. By the end of 2015, China still had 55.75 million people living in poverty.

Premier Li Keqiang said at the meeting that the directly funneled fiscal funds have been used to cut taxes and fees for businesses and help shore up the confidence of market players.

President Xi Jinping announced in November that a new tech board with a pilot registration-based initial public offering system would be launched at the Shanghai Stock Exchange. Preparatory work then proceeded efficiently and the first three companies passed review by the Shanghai exchange on June 5.

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Pompeo, who headed to New York on Wednesday afternoon after meeting with Trump at the White House, had dinner with Kim on Wednesday night. The two were expected to have a full-day meeting on Thursday.

Pompeo's nomination has yet to be approved by the US Congress although it highly unlikely to be vetoed.

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President Xi Jinping highlighted the importance of high-quality economic growth and poverty reduction while talking with lawmakers in Beijing on Monday.

President Xi Jinping holds a welcoming ceremony for his Venezuelan counterpart, Nicolas Maduro, outside the Great Hall of the People in Beijing on Friday.[Photo by FENG YONGBIN / CHINA DAILY]