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China would like to make joint efforts with all parties to safeguard multilateralism and deal with global challenges at the upcoming G20 summit to be attended by President Xi Jinping, a senior diplomat said Monday.

China's M2 target this year is growth of around 12 percent, one percentage point lower than the 2016 target.

China's auto market, hit hard by COVID-19, began to recover in April thanks to unleashed pent-up demand and supportive policies, with sales rising 4.4 percent year-on-year, ending a 21-month contraction streak, according to the China Association of Automobile Manufacturers.

China would never use its strength to bully other countries or strong-arm anyone to do deals on its terms. BRI is not a "pitfall" that hinders development. BRI is a "pie" for everyone to share.

China's benchmark prices for spot interbank gold transactions were higher Friday, according to the China Foreign Exchange Trade System.[Photo/Sipa]