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Today, as major emerging market economies, as well as vindicators and contributors of the current international order, China and India should strengthen bilateral cooperation, while exploring a new model for regional cooperation, upholding multilateralism, championing economic globalization and striving for a more just and rational international order.

"I cannot exaggerate my admiration for what China has accomplished over the last 40 years, in terms of the speed of economic development and the degree to which the economic development has raised standard of living," Roy said at a press conference on the seventh World Peace Forum held in Beijing.

The central bank will make policies more forward-looking, flexible and effective, maintain proper control over the floodgate of money supply and keep liquidity at a reasonable and abundant level, the report said.

If the U.S. administration continues to turn a blind eye to repeated opposition and criticism both at home and abroad, the only result is to throw itself into a "Trump trap", weakening its trade policy and hurting the U.S. economy.