What's being said on Twitter about China, Oct. 18, 2015

18.10.2015  23:08

  Chinese President Xi Jinping (R) shakes hands with visiting British Prime Minister David Cameron during their meeting in Beijing, capital of China, Dec. 2, 2013.(Xinhua/Ju Peng)

  #XiUKVisit

  "The UK has stated that it will be the Western country that is most open to China. This is a visionary and strategic choice that fully meets Britain's own long-term interest," Chinese President Xi Jinping says in a written interview with Reuters before heading for Britain on Monday for a state visit at the invitation of Queen Elizabeth II.

  Xi's upcoming visit marks the first state visit to the United Kingdom by a Chinese leader since 2005.

  In the interview, Xi answered questions ranging from bilateral ties, China's economic slowdown, its role in global affairs, climate change, the South China sea, the new Asian Infrastructure Investment Bank, to football, his favorite sport.

  Meanwhile, British Prime Minister David Cameron also praised the good state of bilateral ties. He said trade and investment between China and Britain can benefit further from a "golden era" in their bilateral relations.

  #China GDP data

  China is set to announce its third-quarter GDP data on Monday. The recent slowdown in the world's second largest economy is worrying for some, and there has been skepticism over the data.

  However, the analysts found that China's economy is bigger, not smaller than official data suggests, according to Bloomberg. "With the services sector the hardest to measure and real estate even more important than currently reflected," it said.

  Although China is slowing, it is trying to change the driving forces behind its expanding economy, BBC reported in an article about the data. The Chinese authorities want an economy that's increasingly driven by Chinese consumers, which will open up new types of opportunity, it said.

  "Slowdown or not, China's economy is increasingly one of the biggest games in town, even if it's not the only one," BBC concluded.

  #China's film industry

  Hollywood movie moguls are vying for a piece of Chinese film market, which is expected to soon surpass the U.S. As the world's biggest in a few years. However, local rivals, long dismissed by Hollywood studios as unsophisticated bumpkins, are getting into their stride, The Economist reported.

  Chinese upstarts fell far behind Hollywood from storytelling skills to animation wizardry, but they could leapfrog them in business model, the magazine said.

  Chinese firms are doing better in integrating the Internet into the film business, which may become the future mainstream trend for the movie industry, it said.