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An open world economy and steady global growth cannot be achieved without innovation. As the new round of technological revolution and industrial transformation is gaining momentum, we have seen constant breakthroughs in technology frontiers such as big data, cloud computing, the Internet of Things and artificial intelligence. Sophisticated industrial chain cooperation that defies national borders has become the prevailing trend. China would like to work with all interested partners in Asia and Europe to promote cooperation in scientific and technological innovation and the new economy, including in digital economy, smart cities, intelligent connected vehicles and other areas. Next year, China will hold a high-level dialogue on innovation-driven development. We look forward to your active participation and joint contribution to an open and innovative world.

An official with the economic and commercial section of the embassy quoted latest Chinese customs statistics as saying that during the January-February period of this year China imported .58 billion of goods from Ireland while exporting to the latter 0 million of goods, up 9.43 percent and 44.47 percent respectively over a year ago.

Analysts said the acceleration in profits in July was mainly due to government measures to boost resumption of work and production across the whole industrial chain at a faster pace, as well as a rebound in production and sales. They expected the rising demand will continue to boost industrial profit growth in the next few months.

Analysts said the Huawei move is part of the tech giant's broader push to quickly commercialize the superfast technology and it highlights the stiff competition as companies scramble to offer the cutting-edge gadgets.

Analysts, however, said only 1 percent of 4,000 online retailers of fresh products are profitable.