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China's Ping An Insurance for example has launched a campaign addressing rural poverty, establishing a fund that will help promote and subsidize grassroots initiatives.

China would like to make joint efforts with the United States, enhance communication, exchanges and cooperation, and push bilateral ties to achieve new progress, President Xi Jinping said on Wednesday.

China will face more pressure from the Western world. In such a scenario, the existing globalization system may face the risk of disintegration, and the global economic model may undergo strategic reorganization, which will undoubtedly have a fundamental impact on the reconstruction of the global industrial chain.

China's Tianhe-2A, developed by the National University of Defense Technology and installed at the National Supercomputer Center in Guangzhou, moved down two notches into the number four spot. But a major upgrade of its hardware increased the system's performance from 33.9 petaflops to 61.4 petaflops.

China will step up compliance oversight for ride-hailing services with measures to crack down on illegal activities and unlicensed operators.