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China is accelerating approval of infrastructure projects to stabilize investment and bolster the economy.

China is considering introducing a "countercyclical factor" to adjust the way it calculates the yuan's daily reference rate against the dollar, according to a statement by the country's foreign exchange trading system on Friday. Analysts said the move will help prevent excessive fluctuation of the currency.

China has vowed to cap its carbon emission by 2030, seeking a timetable for the elimination of vehicles using gasoline and diesel.

China hopes its list of cooperation with the United States could be longer, while that of differences will get increasingly shorter, a top Chinese diplomat said in Washington on Wednesday.

China is scheduled to introduce the State VI B standards starting July 1 nationwide. GM China President Matt Tsien said he hoped the deadline could be extended for several months as the epidemic has distanced people from showrooms.