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Analysts said that authorities move to ban ICOs is not surprising given that ICOs, with strong liquidity and great risk exposure, have little positive influence on and relevance to the real economy, and it may be the start of further strengthened regulation over crypto-coin trading in the market.

Analysts said the wind power focus of the oil giants reiterates their ambitions in advancing energy transformation and implementing the green and low-carbon strategy.

Analysts say it is easily the most valuable part of Arcadia Group.

An open world economy and steady global growth cannot be achieved without innovation. As the new round of technological revolution and industrial transformation is gaining momentum, we have seen constant breakthroughs in technology frontiers such as big data, cloud computing, the Internet of Things and artificial intelligence. Sophisticated industrial chain cooperation that defies national borders has become the prevailing trend. China would like to work with all interested partners in Asia and Europe to promote cooperation in scientific and technological innovation and the new economy, including in digital economy, smart cities, intelligent connected vehicles and other areas. Next year, China will hold a high-level dialogue on innovation-driven development. We look forward to your active participation and joint contribution to an open and innovative world.

Analysts said the impasse is likely to linger, though both sides have agreed to continue talking.