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As the COVID-19 pandemic disrupted global industrial chains and dampened demand, Chinese authorities repeatedly stressed the important role of fee cuts in ensuring employment, meeting basic living needs and protecting market entities.

As the second-largest brand of Hanesbrands, Champion has recorded 75 percent growth globally, according to the parent company's financial report of the first quarter of 2019. Continuing to surf the wave of the 1990's nostalgia, the brand that created the first hooded sweatshirt reported nearly .4 billion in global sales in 2018, and is expected to reach billion by 2022, according to Bloomberg.

As to prepare for his trip, Rivkin watched Wolf Warrior 2 on his flight to Beijing. "It's fantastic and a lot of fun. Its box office takings in the Chinese market alone are extraordinary. It's a sign of things to come," says Rivkin, commenting on the top-grossing movie in China of all time.

As the traditional festival celebrated by both nations draws near, both leaders stressed the important role of conducting high-level contacts between the two parties and the two countries.

As the global financial conditions have tightened abruptly with the onset of the COVID-19 pandemic, China can offer yuan liquidity to the global market, through expanded overseas investment, increased cross-border lending, increased imports and offshore yuan deposits, said Tu Yonghong, deputy director of the international monetary institute under the Renmin University of China in Beijing.