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China's friendly interactions with Papua New Guinea go a long way back. More than 100 years ago, there were Chinese travelling across the seas to Papua New Guinea who settled down and, with their hard work, made important contribution to the economic and social development of the country. China and Papua New Guinea established diplomatic relations in 1976. Since then, our two countries have treated each other with respect and as equals, and have pursued mutual benefit and win-win cooperation. Our relationship has stood the test of changing international circumstances and stayed as strong as ever.

China's ongoing policy adjustment will ensure ODI grows to keep pace with ongoing industrial upgrade and supply-side structural reform, as well as closer business ties with countries and regions participating in the Belt and Road Initiative, they said.

China's consumer price index (CPI), a main gauge of inflation, rose 3.8 percent year on year last month, mainly driven by soaring pork prices, which rose 101.3 percent year on year in October, contributing nearly two-thirds of the CPI growth.

China's deleveraging process will likely stretch longer than three years to see a major reduction in credit risk, according to S&P Global Ratings. [Photo/VCG]

China's gas pipeline network spans 70,000 kilometers, according to estimates from Bernstein. The tally from the three energy giants is about 66,000 kilometers, based on company disclosures in 2016.