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Armstrong-Owens

As China deepens its engagement with the world's economies, it is more important for it to follow international standards in terms of industry internationalization. Domestic industry associations and organizations should work with the government to promote China's industry internationalization and sustainable development.

As China continues to open its doors to the outside world, more of the country's State-owned enterprises, which constitute a large part of the overall economy, are cooperating with global partners, he said.

Apple shares fell as the main supplier for its Face-ID technology, Lumentum Holdings Inc, slashed revenue and profit forecasts, citing reduced orders from a major customer. Lumentum shares tumbled 33.0 percent and shares of other Apple suppliers also dropped.

Approved by the Guangdong Provincial Government in December 2012, Tsuiheng New District was set up to become one of the key development areas in Zhongshan with a concentrated construction area of 35 square kilometers.