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"Fed Chairman Powell is trying to give the president what he wants," Kamal Khan, chief US editor of Investing.com in New York, told China Daily. "But Trump keeps upping the ante. There's no way the Fed is going to negative rates unless Trump manages to replace every FOMC member with loyalists.

"Facts speak louder than words. According to various information revealed in recent years, everyone is very clear about exactly who is carrying out large-scale tapping, monitoring, stealing of secrets and infiltration in other countries, and going to any length to maintain and exert their influence," Hua said.

"Each law enforcement agency should conduct more studies of what type of online services would need users' real names and how to obtain users' identities while preventing the information from being excessively collected or abused," said Wang Shengjun, vice-chairman of the Standing Committee of the National People's Congress.

"Digital trade" refers to the production, distribution, marketing, sale or delivery of goods and services – domestically and abroad – supported by cross-border digital flows. This consists of trade in digitally enabled products and services and cross-border data flows that create economic value in the domestic economy, according to the report jointly released by the Center for China and Globalization as well as the Hinrich Foundation.

"Faced with the current situation, greater opening-up of national high-tech zones is crucial to maintaining stability in industrial and supply chains," Li said.