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China is open to increasing its import quota of Indonesian palm oil by at least 500,000 tonnes, Premier Li Keqiang said on Monday, speaking after a meeting with Indonesian President Joko Widodo at the country's presidential palace in Bogor. [Photo/Agencies]

China is ready to work with ASEAN to set up a direct hot line between our defense authorities as soon as possible. We will carry out friendly exchanges between our military think tanks and young and middle-aged officers, deepen cooperation in such areas as disaster prevention and reduction, humanitarian assistance, military medical sciences and counter-terrorism, and explore the possibility of setting up an ASEAN warehouse of disaster relief equipment in order to make our cooperation more diversified and productive.

China has seen fast industrial growth momentum in cruise shipbuilding business in recent years, with China State Shipbuilding Corp signing a contract to build four and two Vista-class cruise ships of 135,000 tons each for US-based Carnival Cruise Lines and Italy's Fincantieri S.p. A in November last year.

China is promoting the use of clean energy to reduce its dependence on coal, but the latter still accounted for 60.4 percent of the country's energy consumption in 2017. The share narrowed by 1.6 percentage points from the previous year.

China is going to further open its insurance market to foreign investors, and regulators are striving to make it more attractive to foreign insurance institutions, said Chen Wenhui, vice-chairman of the China Insurance Regulatory Commission.