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China spends less than 1 percent of its total information technology-related investments on cybersecurity. In the United States the amount is 15 percent, while in Europe it is 10 percent.

China is working on next-generation bullet trains with a maximum operational speed of 400 kilometers per hour that will be ready by 2020 for markets linked to the Belt and Road Initiative's vision, the country's top railway vehicle maker said.

China should develop more innovative approaches to agricultural cooperation as a combination of trade and investment to more efficiently boost collaboration on international capacity with Russia, an official said Wednesday at a forum in Beijing.

China stands for win-win cooperation, and works to pursue the greater good and shared benefits with other countries. China firmly upholds the norms of international relations based on the purposes and principles of the UN Charter. We believe that the core values and basic principles of the multilateral trading system should be upheld. The reform of the global governance system must aim to help more countries and their people lead a better life.

China is well positioned to accelerate the process of free trade agreement negotiations with Canada to create a better environment for bilateral trading, said Jiang Zengwei, chairman of the China Council for the Promotion of International Trade.