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In the first quarter, the US economy shrank at an annual rate of 5 percent, signaling an end to a decade-long economic expansion following the global financial crisis.

In the fourth quarter of 2018, cross-border vehicle traffic grew by 4.4 percent year-on-year to 1,287,805 trips, the report added.

In the first half of this year, two product groups of the company have netted particularly strong growth, namely conveyors and sorters, growing 17.5 percent year-on-year, and rollers, up 19.9 percent over a year ago, with the Asia market being a significant contributor to the fast growth, according to its earnings report.

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In the first three quarters of this year, global companies' reinvested earnings grew by 25.5 percent in US dollar terms on a yearly basis, as many global companies regard China as a "safe haven" for cross-border investment.

In the first nine months of this year, exports of mechanical and electrical products and labor-intensive products stood at 251.8 billion yuan and 132.1 billion yuan, respectively, representing increases of 3.3 percent and 10.5 percent, respectively.

In the fast track of consumption upgrading, China is expected to import more than trillion worth of goods and trillion worth of services over the next 15 years, which is not only a stable source for global economic growth, but also an important opportunity for the development of companies from all countries.

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In the future, Chan said, Yanxuan will probably try more offline business modes, such as bookstores and other brick-and-mortar retail outlets.

In the first three months of this year, about one third of all pork Brazil exported went to the Chinese market, he said. Last year, Brazil accounted for nearly 13 percent of all pork China imported, according to data from the General Administration of Customs.

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In the bustling crowds of downtown Manhattan, it's easy to miss a cloth signboard unless you know what you're looking for.

In the first 11 months of 2019, Changan PSA delivered around 2,040 vehicles, a drop in the ocean of China's vast car market.