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China will never pursue development at the expense of others' interests, but nor will China ever give up its legitimate rights and interests. No one should expect us to swallow anything that undermines our interests. China pursues a national defense policy that is in nature defensive. China's development does not pose a threat to any other country. No matter what stage of development it reaches, China will never seek hegemony or engage in expansion.

China's VR market expanded 164 percent year on year to reach 16 billion yuan in 2017, data showed.

China will help commercial lenders to shift from the London Interbank Offered Rate (Libor), which is facing global criticism, to a self-designed interest rate system, according to the People's Bank of China, the central bank.

China will continuously support Africa on its path to peace and development and will dedicate itself to fulfilling the aspirations of the continent's nations, Chinese State Councilor and Foreign Minister Wang Yi said Thursday at the United Nations.

China's Evergrande Group, a Fortune 500 company, announced it has signed a strategic deal with Urumqi-based Guanghui Group to expand cooperation in developing automobile sales, energy, real estate, logistics and related industries in the coming years.