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And for the long-term, the nation will have to build a food service industry able to withstand any future public health crisis.

Analysts expected the PBOC to cut the LPR by 20 basis points, or 0.2 percentage points, later this month, to guide a further reduction of financing costs for smaller companies. The one-year LPR now is at 4.05 percent.

And I think China has recognized it and has started working toward this direction.

And he raged against the media's obsession with his links to Russia and the status of Michael Cohen, his former fixer, who is under federal investigation in New York. Cohen has indicated that he would tell prosecutors that Trump knew about the Trump Tower meeting ahead of time.

And the trend has not stopped. In a filing to the Shanghai Stock Exchange on Aug 10, SAIC Motor Corp, the country's largest car group by sales, said its general assembly had passed a bill to issue bonds worth up to 20 billion yuan.