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As the country works to reopen its economy, a potential second wave of coronavirus cases is causing concerns among citizens.

As we note in our recently released Regional Economic Outlook, the Asia-Pacific region remains the main engine of the global economy, and near-term prospects have improved since our report of October 2017. But there are many risks on the horizon, including a tightening of global financial conditions, a shift toward protectionist policies, and an increase in geopolitical tensions. In addition, over the longer run, Asian economies will face major challenges from population aging and slowing productivity growth, as well as the rise of the digital economy, which could yield huge benefits but also bring major disruptions.

As the city's home market remains sluggish, the transaction period is lengthened. In August, the transaction period reached 64.4 days that reached peak-days from 2012. Compared to the market, the transaction period lengthened to 25 days, data from Lianjia.

As the five countries are neighbors of China, Feng said that as the international landscape changes, strengthening China's cooperation with the countries in areas like regional security, anti-pandemic, anti-terrorism, food security as well as culture is in line with the common interests of both sides.

As the world's two largest economies and co-chairs of the global forum on steel excess capacity, China and the United States have maintained policy dialogue and communication regarding the steel glut, Zhu said, noting G20 leaders agreed to establish the forum at last year's Hangzhou summit.