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China remains committed to a nuclear-free Korean Peninsula. It has been and will continue to work to safeguard regional peace and stability. China stands for dialogue as the right route to address the Korean nuclear issue. North and South Korea are geographically connected and both are China's close neighbors; North Korea, in particular, shares 1,300 kilometers (808 miles) of common border with China. Any military conflict or disturbance in this region will endanger peace and stability, inflict huge damage to innocent people, and may even escalate tensions beyond control. The international community has witnessed enough bitter outcomes caused by the unwise use of military action over the past decades.

China seeks to reduce overall financing costs for micro and small businesses as part of its efforts to deliver notable progress in addressing their financing difficulties, according to a Chinese Cabinet meeting on Thursday. 

China is working on next-generation bullet trains with a maximum speed of 400 km per hour. They will be ready by 2020 for markets linked to the Belt and Road Initiative. A train recently left Beijing for Xuzhou in East China's Jiangsu province with a top speed of 350 km per hour.

China rolled out a total of 350,000 new energy vehicles in 2016. Double-digit sales growth continued in the first eight months of 2017, with a total of 320,000 vehicles produced, up 30.2 percent year-on-year, data from the China Association of Automobile Manufacturers showed.

China opposes the latest so-called "Special 301 Report on Intellectual Property Rights" issued by the Office of the United States Trade Representative, the Ministry of Commerce said on Saturday.