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Chinese President Xi Jinping (2nd R) and his wife Peng Liyuan (1st R) pose for a group photo with visiting French President Emmanuel Macron (2nd L) and his wife Brigitte Macron at the Diaoyutai State Guesthouse in Beijing, capital of China, Jan 8, 2018. [Photo/Xinhua]
China's pivot to Asia is intensifying. Value chains are becoming more regional and less global. For example, China is now the largest trading partner for Malaysia, Singapore and the Philippines. Meanwhile, the country's continued resource demand has increased its importance not only to in-region suppliers such as Australia, where 21 percent of mining and quarrying output is now exported to China, but also to more distant countries such as South Africa and Chile.

China's purchasing managers index for the manufacturing sector came in at 50.6 in May, edging down from 50.8 in April, the NBS said on Sunday.
China-Greece cooperation also achieved important results and realized mutual benefits, especially with progress on the Port of Piraeus project, he said.
China's steel industry has achieved the upper goals two years ahead of schedule for cutting overcapacity set by the 13th Five-Year Plan (2016-20), reducing 150 million metric tons of crude steel capacity, and has removed 140 million tons of substandard steel capacity, according to Wang.
来源:资阳报