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The Seoul Central District Court delivered a guilty verdict to Park in the televised first-trial ruling. She was sentenced to six years in jail and the forfeit of 3.3 billion won (2.9 million US dollars) for the loss of state funds and a separate two-year imprisonment for the illegal political intervention.

The People's Bank of China, the central bank, left its key benchmark lending rate unchanged on Friday amid expectations that it would follow its global counterparts in lowering financing costs to boost economic activity.

The Pentagon added that the missile launch did not pose a threat to North America.

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The Pentagon declined to comment and referred queries to the State Department. The State Department and White House also declined to comment.

The ROK's Foreign Minister Kang Kyung-wha held talks with US Secretary of State Mike Pompeo over the phone for 25 minutes earlier in the day, according to the Ministry of Foreign Affairs.

The ROK president Moon Jae-in and the DPRK top leader Kim Jong-un concluded their landmark summit on Thursday, with Washington saying it planned to improve relations with Pyongyang.

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The Party meeting attracted global attention as it adopted the CPC Central Committee's proposals for the formulation of the 14th Five-Year Plan (2021-25) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035.

The Party's leadership should be strengthened over areas including deeper reform, the rule of law, economy, agriculture and rural work, disciplinary inspection and supervision, organization, publicity, theory and culture, national security, political and legal affairs, united front, ethnic and religious affairs, education, science and technology, cyberspace affairs, foreign affairs and auditing.

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The ROK representatives will meet with "high-level North Korean officials" during the two-day trip, and then fly to the US to explain the result of the talks to officials in Washington, Yoon added.

The Sanya Atlantis resort, which Fosun Tourism Group unveiled in April, had attracted more than 1.3 million guests by the end of July, according to the prospectus. The total room revenue was 63.5 million yuan (.3 million) by July, while income contributed by other business at the resort, such as an aquarium and water entertainment activities, reached 39.7 million yuan.