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"Few governments around the world are able to consistently adhere to the same policy for 40 years, and always encourage entrepreneurship," Wu said, adding that the consistency in policy helped craft a stable environment for development.

"Different from a traditional enterprise relying more on capital to expand, tech companies instead rely heavily on their founders," Hong said.

"During the process, as local governments injected funds into smaller banks, they could combine banks' capital replenishment with institutional reforms by urging banks to optimize their structures of corporate governance. This will release the vitality of smaller banks in the medium-to-long run."

"Even among secondary industries, which took up nearly 70 percent of the total power consumed, a growing number of businesses are embracing energy-efficient and low-carbon production processes to achieve high-quality development. That may have an influence over power consumption in the sector,"Lin said.

"During the meeting, both sides reaffirmed President Trump and President Xi's commitment to keep up pressure on North Korea's illegal nuclear weapons and missile programs," Nauert told a news briefing.