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"E-commerce has created many business opportunities in rural areas," he said, adding that even the most remote and poor villages are connected with e-commerce.

"Few will deny that Chinese currency is set to become a more important player on the world stage, particularly through the lens of China's Belt and Road Initiative," she continued.

"Everbright Financial Leasing has been paying close attention to the research and development of the C919 aircraft," Zhang said. "Its successful maiden flight on May 5 has been a milestone in the history of China's aviation industry.

"Despite its dominance in mainland's .3 trillion food delivery and online services industry, and the backing from large hedge funds, the company may still be penalized for a geopolitical storm and global stock sell-offs beyond its control," Lam said.

"Economic momentum appears to have slowed in some major foreign economies, and that weakness could affect the US economy," Powell told the House Financial Services Committee in Washington in his semiannual monetary report to federal lawmakers. "Moreover, a number of government policy issues have yet to be resolved, including trade developments, the federal debt ceiling and Brexit."