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He urged the sides concerned to exercise restraint to prevent the conflict from escalating, and to alleviate tensions as soon as possible.

The latest price slump in the global market, sparked by a supply glut and sluggish demand, is expected to stay for a while, which is positive news to China, where some 58 percent of oil consumption comes from overseas supplies.

They agreed that media in the two countries bears social and historical responsibilities. Thus, instead of hyping border conflicts and "zero-sum" game between two emerging economies, news organizations in the two countries should enhance direct communication and mutual understanding so as to promote win-win cooperation.

"Previously, information was disclosed in a sporadic way by local courts. Building national platforms to disseminate information in a uniform way has improved the practice," said He Xiaorong, who was in charge of drafting the white paper, at the press conference.

Admittedly, the world today is by no means trouble-free. Regional hotspots, local conflicts and terrorist attacks continue to flare up, posing immediate threats to humanity. Global economic recovery lacks speed and momentum. Major economies are performing unevenly. Commodity prices are going through frequent fluctuations. And signs of deflation have made the situation even worse. In fact, many people are quite pessimistic about the future of the world. They believe that the guarantee of peace is weak, and the prospect of development is elusive.