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However, despite the rapid development of the industry, domestic entertainment insurance is still lagging that in other developed countries. Such insurance often aims to avoid potential risks in film production, including financing, shooting, postproduction and exhibition, industry insiders said.

House prices continued to grow in lower-tier cities, but at a slower pace, as Liu observed a 0.2 percentage point decrease in the growth rate in second-tier cities' new commercial property.

However, analysts suggest the courier delivery service, though still growing at a rapid rate, is approaching saturation.

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However, Spicer cited the US decision to bomb a Syrian military airfield early this month as an indication that Trump would take action when necessary.

Hot-air balloons fly over Kaunas, Lithuania during the International 100 Hot Air Balloon Fiesta "Wind of Freedom" on July 7, 2018. [Photo/VCG]

House prices in key cities including the capital are continuing on their way down-a trend that has been observed for the first time over several quarters-as a result of tightened policy controls, according to a new report released by the Chinese Academy of Social Sciences.

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However, "all economic and trade outcomes of the talks will not take effect if the US side imposes any trade sanctions including raising tariffs", the statement noted.

However, China has pledged to eliminate absolute poverty by the end of 2020. Since 2012, the country has helped over 90 million shake off poverty.

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Hosted by the China National Tourism Administration, a delegation from tourism bureaus of 18 provinces and municipalities in China exhibited popular tourist sites, as well as China's world heritage sites to participants.

How the spread of the coronavirus plays out will determine the immediate course of the world economy, the US stock market and perhaps November's presidential election, a team of Wall Street analysts believe.