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The train will pass through Horgos Pass before it travels on a sea-rail combined route. The 10,500-km trip will last 25 days, only half of the traditional travel time via sea alone.

The two leaders also agreed to commit to establish new US-DPRK relations, and to build a lasting and stable peace regime on the peninsula.

The two countries have worked side by side not only to safeguard their common interests, but also to make contributions to peace, stability and prosperity of the region and the world, he said.

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The two sides have also committed to working on a strategy project on trade finance cross-border infrastructure, based on Distributed Ledger Technology, as their first collaborative initiative, which will facilitate cross-border trade and financing.

The two sides should continue working closely to promote such exchanges among young people and lay a strong foundation for friendship in the future, Li said.

The two leaders also exchanged views on issues of common concern, such as the international trade order.

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The transition from supply-side structural reform to a linkage of supply side and demand side in the new development pattern aims to adapt to new features at the current stage of China's development, while the country is facing major changes in the global political and economic environment. The new development pattern is not only a progressive deepening of supply-side structural reform but also an integration and enhancement of China's development strategies in the past.

The turnover of the livestreaming auction exceeded 100 million yuan (.28 million) after the judges introduced the items to the judicial auction.

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The transcript of the interview was released on the Singaporean ministry's website on Aug 11.

The two largest PE deals in China last year were .5 billion received by e-payment giant Ant Financial Services Group and .4 billion for online travel site Qunar.com.