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China has vowed to pursue a prudent monetary policy in a more flexible and appropriate way. The central bank said in its second-quarter monetary policy report that it will make monetary policy more flexible and targeted to achieve a long-term balance between stabilizing growth and preventing risks.

China has the world's longest high-speed rail network, with 22,000 km currently in operation. About one-third of the country's high-speed railways were designed to run at a speed of 350 km per hour.

China is ready to work with ASEAN to celebrate the 10th anniversary of the full establishment of the China-ASEAN FTA and release a report on its 10-year development. Going forward, we need to further implement our free trade agreement and the upgrading protocol, and promote trade and investment liberalization and facilitation in the region. China will import more high-quality agricultural products from ASEAN and encourage Chinese businesses to increase investment in ASEAN. We also welcome your active participation in the 17th China-ASEAN Expo to share in our market opportunities.

China is home to 241 million people older than 60. They account for over 17 percent of the country's population, according to National Bureau of Statistics data.

China instructed the banking sector to increase financial support for upstream and downstream micro-, small- and medium-sized enterprises in the supply chain.