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Japan is welcome to discuss cooperation with China under the framework of building the Belt and Road, Xi said, noting Japan has clearly affirmed the initiative.

Jack Ma gives entrepreneurial insights during the Youth Connekt Summit in Kigali, Rwanda, on July 21. [Photo by Liu Hongjie/chinadaily.com.cn]

JetBlue Airways and United announced Wednesday temporary reductions in their domestic flight schedules, as well.

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James Yan, research director with Counterpoint Technology Market Research, a global research firm, said, "Establishing local data centers would further strengthen Apple's ties with the Chinese government, and help reduce the company's operating and maintenance costs of cloud services."

Japanese Prime Minister Shinzo Abe's imminent resignation will exacerbate a period of deep uncertainty for the world's third-largest economy, including on such issues as the fate of "Abenomics" and his long-sought constitutional reform, as well as a possible fierce battle to become his successor, observers said.

James Williams, managing director of the Royal Philharmonic Orchestra, said the ensemble has been touring China regularly for more than 25 years and has forged strong partnerships in China with promoters, orchestras, artists, audiences, and educational institutes.

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Jia's departure as the legal representative comes shortly after he stepped down as the chief executive of the company's listed video-streaming unit Leshi Internet Information and Technology Corp.

January and February are traditional off-season months for the real estate market, but cash flow problems are becoming more troublesome as the epidemic spreads across the country. Ding Zuyu, CEO of E-House, said cash flow was the biggest risk enterprises face. "If there was no sales, cash flow pressure would be undoubtedly huge, especially for small and medium-sized corporations. Tightening funding and the pressure of being merged made the companies' outlook seem gloomy," he said.

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Jane Sun, CEO of online travel site Ctrip.com International Ltd, in an interview with the Financial Times.

January to July trade with the EU climbed by 17.1 percent year-on-year to 2.33 trillion yuan. Trade with the United States rose by 20.6 percent, with ASEAN by 20.9 percent and with Japan by 16.9 percent.