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China is providing foreign investors with bigger market opportunities, wider investment ranges, and a better business environment, according to the experts.

China is concerned about the security challenges facing the Sahel region and appreciates the efforts of the Group of Five for the Sahel (G5 Sahel), namely Burkina Faso, Chad, Mali, Mauritania and Niger to safeguard peace and stability in the region, Wang said.

China is likely to issue 5G licenses to telecom carriers and will apply 5G technology to terminal devices as early as the second half of 2019, according to the Ministry of Industry and Information Technology, Xinhua reported.

China is targeting the massive overcapacity in its iron and steel sector and has vowed to continue with its overcapacity reduction this year. While some commentators and analysts have suggested the initiative could drag on iron demand in the world's second-biggest economy, Balhuizen said he was not concerned.

China is ready to work with the US side to properly address each other's core concerns on the basis of equality and mutual respect and strive to reach a "phase one" deal.[Photo/IC]