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China's share of global brand value has increased from 3 percent to 15 percent in the past decade, with ICBC emerging as the most valuable Chinese brand, according to a new report.

Chinese Foreign Ministry spokeswoman Hua Chunying said on Thursday direct contact and dialogue between the leaders of Pyongyang and Washington is the key to resolving the nuclear issue on the Korean Peninsula. She added that the current situation on the peninsula breaks the deadlock that has lasted for several years, and it faces a historic opportunity for denuclearization.

China's tourism market saw a strong recovery during the five-day Labor Day holiday. With regular epidemic control measures in place, the tourism market basically recovered to 50 percent of the level seen in the same period last year, said Wang Xiaofeng, an official with the Ministry of Culture and Tourism.

China, Japan and the ROK should jointly uphold multilateralism and free trade, and China hopes that the ROK and Japan can appropriately deal with their existing differences through dialogue and coordination, he added.

China, he said, has played the role of a responsible major country with its firm actions in global pandemic response