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And without binding multilateral rules, policy contests in the context of the new industrial revolution are likely to evolve into a beggar-thy-neighbor disorderly rivalry that ultimately undermines effect of the new industrial revolution in boosting global economic recovery.

And Hayward Tyler and China's Shanghai Apollo Machinery have signed a deal to create new nuclear equipment to support HPR1000 in the UK.

Analysts attributed the PPI drop to a persistent slump in global commodity prices as well as a sluggish recovery in demand. The latter factor could intensify as the downward pressure on exports caused by the COVID-19 pandemic is on the rise.

And yet, as a world we face growing uncertainties and destabilizing factors. Global economic growth lacks energy; the gap between rich and poor continues to widen; hotspot issues arise often in some regions; and unconventional security threats like terrorism, cyber-insecurity, major infectious diseases, and climate change continue to spread. As human beings we have many common challenges to face.

An operation involving over 30 police officers busted the two smuggling gangs in Jinping and Hekou counties, Honghe Hani and Yi Autonomous Prefecture, nabbing the suspects on Aug. 25, according to the customs.