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China has proposed the "two-track approach" as a solution to the peninsula nuclear issue. It calls for simultaneous efforts for the denuclearization process on the peninsula and negotiations to replace the armistice between the North and South with a peace treaty.

China is firmly opposed to the bill, which interferes with China's internal affairs, Lu told a daily news conference in Beijing on Thursday. Lu urged the US to handle the Taiwan question carefully, refrain from any official contact with Taiwan and take concrete actions to maintain China-US ties.

China has received information that US Treasury Secretary Steven Mnuchin is considering a trip to Beijing to hold talks on the ongoing trade dispute, the Ministry of Commerce said in a brief statement on Sunday.

China is confident in how it deals with external challenges and is further tapping the domestic market potential while accelerating the pace of negotiations with the European Union to reach a quality bilateral investment treaty, the Ministry of Commerce said on Thursday.

China is the world's biggest crude oil importer. Since the launch of the Shanghai crude oil futures a year ago, futures contracts have been delivered seven times, with a total delivery volume of 7.2 million barrels. Related businesses such as trading, settlement, currency exchange, cross-border currency transfer, and delivery in bonds have been operated, which have promoted overseas energy companies' participation in the China market.