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China's response to the COVID-19 economic crisis is very different from its response to the global financial crisis. In 2010, China's infrastructure was much less developed than now, so it made sense to have a broad-based stimulus that specially focused on upgrading the nation's transport, energy and urban infrastructure. But, now China's infrastructure is world-class, so this time it has been important to more tightly target improving the business climate and promoting technological upgrading.

Chinese Foreign Minister Wang Yi on Friday warned that no one would win if there were war on the Korean Peninsula, advising against anything that could escalate the situation.

China-Europe freight train with 45 compartments of anti-epidemic supplies leaves the Xinzhu Railway Station in Xi'an, Northwest China's Shaanxi province, on Aug 12, 2020, to head for Italy's Milan. [Photo/Xinhua]

Chinese State Councilor Yang Jiechi will co-chair the dialogue with US Secretary of State Rex Tillerson and Secretary of Defense James Mattis, said spokesperson Lu Kang at a daily press briefing.

China's targeted anti-poverty strategy can help policymakers elsewhere, World Bank official says