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China and Austria are to further promote economic cooperation, leaders of the two countries' trade promotion agencies said at the opening ceremony of the Sino-Austria Connect B2B Seminar in Beijing on Thursday.
Chinese Vice-Premier Wang Qishan urged for US awareness of the harm of politicizing bilateral economic issues, saying such moves will definitely impair the fundamental interests of the two peoples.
The municipal government of Beijing unveiled a regulation allowing more people to apply for public rental housing in the latest effort to provide affordable housing.
Yunnan province aims to grow into a trade hub in Southeast and South Asia and a major manufacturing base for China's export-oriented industries, said Li Jiheng, the province's acting governor.
US governors called for increased economic cooperation between China and the United States at the China-US Governors Forum on Wednesday.
China's currency yuan is expected to become an important global reserve currency, although it will not challenge the US dollar's dominant role in the international monetary system, said a US economist.
Indonesian exporters and importers regarded China and ASEAN countries as their prime business partners within the next six months, a report released by Hong Kong Shanghai Banking Corporation (HSBC) said.
A senior Chinese official said that the debt risks facing local governments are controllable despite concerns of default on the $1.7 trillion of debts registered as of the end of last year.
China will strive to establish a social credit system nationwide to ensure sound and healthy social and economic development, China's State Council, or Cabinet, said.
China trimmed its holdings of US government debt in August by a hefty $36.5 billion, the biggest reduction in at least two years. The move may suggest that policymakers are mulling over safer ways to invest its gigantic foreign exchange reserves.
China divested $36.5 billion of its net holdings of US Treasury debt in August.
China is responding to proposals to reform the tabulation of trade statistics, a move that will more accurately reflect the international trade scenario, officials and experts said.
