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Pompeo had flown to Pyongyang from Tokyo after talks there with Japan's prime minister.

Premier Li Keqiang: True, China's macro leverage ratio is not low by global standards, but it's not the highest either. An important objective factor is the high savings rate in China and the lack of smooth channels of direct financing. The past few years have indeed seen a relatively fast increase in China's leverage ratio. To ensure sustainable development in the long run, we have taken measures to stabilize the leverage ratio, which has led to a moderating increase in leverage in the first half of this year. The deleveraging we pursue is structural in nature, as the leverage ratio has become quite high in some sectors. Recent statistics have indicated the beginning of its downward trajectory in these sectors.

President Xi Jinping on Monday underlined the importance of promoting people-to-people exchanges to support the development of China-Japan relationship in the new era.

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Premier Li Keqiang made the proposal at the 20th China-ASEAN (10+1) leaders' meeting in Manila on Monday, the Foreign Ministry said.

Pork, mutton and beef prices also gained, rising 0.3 percent, 1.6 percent, and 0.6 percent, respectively, from one month earlier, while egg prices decreased 5.3 percent month on month due to abundant supplies.

Premier Li Keqiang noted in a speech at the reception that this year marks the 40th anniversary of China's reform and opening-up. Reform is the fundamental driving force for China's development, and the country's determination to advance reform and opening-up will remain as strong as ever, he said.

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President Herbert Hoover lived at the Waldorf for more than 30 years after he left the White House. Every American president since Hoover had stayed at the Waldorf.

President Xi Jinping sent a congratulatory message to Kim Jong-un, top leader of the Democratic People's Republic of Korea on Sunday, as the country celebrated the 70th anniversary of its founding with a huge military parade.

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President Juan Manuel Santos has expressed his condolences on Twitter to the victims of Monday's accident.

Positive growth