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"Escalators are one of our core products and our escalator factory in China serves global markets. The upgraded Otis escalator factory underscores our confidence in the China market," he said, adding that the group is committed to continue meeting the needs of its customers in China, the world's largest elevator market.

"Due to the weakening of the dollar, traders have opted to sell their dollar holdings recently, pushing up the yuan," said Xiao Lisheng, an economist at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences.

"Despite the passage of decades, his light of idealism, integrity and action continues to illuminate our hearts and, indeed, the very soul of the United Nations," said Secretary-General Antonio Guterres at a wreath-laying ceremony.

"Cutting overcapacity has led to a rebalance of coal supply and demand. Oversupplies had haunted the industry throughout 2012 to 2015," he said.

"Ensuring that poor people and impoverished areas will enter the 'moderately prosperous' society along with the rest of the country is a solemn promise made by our Party," Xi said, when he delivered a report to the 19th CPC National Congress on Wednesday.