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As China is on the way to add more digital technologies and sustainable methods into its manufacturing industries, the country also experienced a slight drop in foreign direct investment flow in recent months.

Apple Inc is making its smartwatch one step closer to omnipresent, by enabling the Apple Watch to connect with gym equipment so consumers can more accurately track how they work out.

Application of AI technologies to socio-economic development should be intensified to advance the industrialization of the technologies so as to create good momentum for the integration of technological innovations with industrial applications, Xi said.

As California-based Tesla Motors Inc will start partial production in Shanghai in the second half of next year, and Boeing delivered first airplane from its Zhoushan facility in China earlier this month, business leaders believe that stable China-US relations will help more companies from the United States maintain robust growth in China.

Arthur Yu, Jaguar Land Rover's vice-president and chief financial officer of its China operations, said the loan marks the carmaker's first debt financing in the country since its arrival in 2010.