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April's increase followed a rise of 7.84 billion yuan recorded in March.

As Hong Kong's labor and housing costs soared, Wong headed north, spotting Dafen village in Shenzhen. "For a 250-square-meter house in Dafen, the monthly rent was only 1,600 yuan in the early 1990s," he recalls.

As Guterres pithily put it: "In an interconnected world, it is high time to recognize a simple truth: solidarity is self-interest. If we fail to grasp that fact, everyone loses."

As China's opening-up gains further steam, exchanges between the two cities have been increasing. Border crossing, however, has remained stubbornly slow.

Apple reported late July its financial results for its fiscal 2020 third quarter with quarterly revenue of 59.7 billion U.S. dollars, an increase of 11 percent from the year-ago quarter while the net sales in the Great China region increased to 9.329 billion dollars. Its Wearables, Home, and Accessories unit brought in 6.450 billion dollars, a 16.7-percent growth.