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China will increase assistance to other developing countries, especially the least developed countries, and do its part to reduce the North-South development gap. China will support multilateral trade regimes and work to facilitate the establishment of free trade areas and build an open world economy.

China will further promote the amendment and supporting legislative formulation of the Anti-monopoly Law (AML), lay down anti-monopoly guidance, and reinforce investigation and treatment of administrative monopoly cases, said Gan Lin, vice-minister of the State Administration for Market Regulation, on July 31. Government officials and experts from worldwide, and executives of Chinese and multinational companies in various industries welcomed the administration's decision for a better and fairer market.

China will ramp up resources to accelerate the approval process for C919, the country's first large domestic passenger plane, to obtain an airworthiness certificate, which may require thousands of test flight hours, the industrial regulator and the aircraft's maker said.

China will contribute an additional 100 billion yuan (.49 billion) to the Silk Road Fund, Xi said in his keynote speech at the opening ceremony of the two-day Belt and Road Forum for International Cooperation in Beijing.

China's Producer Price Index, which had negative growth for 54 months, began a positive growth in September 2016 and kept rising vigorously last year.