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LONDON, Aug. 22 (Xinhua) -- The upcoming G20 summit in China is "very valuable" in enabling major countries in the world to talk about current global issues, said Mark Boleat, policy chairman of the City of London Corporation, one of the most powerful financial institutions in Europe.

These measures solved some deep-seated problems that many considered unsolvable, according to Xi.

Tourk told Xinhua that China aims to achieve sustainable economic growth while reforming the economy, "carrying out reforms is not easy during a time of global economic weakness."

At the beginning of the PCA, it only made arbitration on the disputes between nation-states. However, during a long period of time, it was idled. To maintain its existence, the PCA extended its arbitration realm to disputes between nation-states and international organizations as well as disputes between nation-states and private sectors.

BEIJING, Aug. 2 (Xinhua) -- Chinese Defense Ministry on Tuesday expressed strong opposition to Japan's 2016 defense white paper, calling the annual document hostile to the Chinese military and deceptive to the international community.