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China has set a target of creating 11 million new jobs this year as an estimated 15 million workers, including nearly 8 million college graduates, are expected to enter the job market.

China implemented a strict lockdown in late January, and South Korea also introduced testing, tracking and isolation measures. As a result, the countries saw new infections peak in February, when the pandemic began to hit Europe hard, the officials wrote in an article titled "Emerging from the Great Lockdown in Asia and Europe".

China is confident that foreign direct investment will continue to remain stable in the second half of this year, in spite of the severe FDI stress from global aspects, a senior government official said on Friday.

China imported more than 53 million tons of LNG last year, reaching a new historic high by accounting for 60 percent of total natural gas imports, Zhang Jianhua, head of the National Energy Administration, said earlier. The country has also been stepping up construction of its LNG infrastructure facilities in recent years.

China has the world's largest currency reserve, which rose for a sixth month in July to hit .1 trillion, increasing .9 billion from a month earlier, according to the central bank.