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China will maintain its tough stance on regulating speculative behavior in the real estate sector, and there will be no moves taken to expand the financing channels for real estate enterprises, according to the nation's top economic regulator.

China will have the rotating presidency of the SCO next year. Xi will talk with other leaders at the summit about making the SCO stronger and a bigger contributor to global peace and stability, Li said.

China' economy continued its steady expansion in the first half of this year with GDP up 6.9 percent year on year to about 38.2 trillion yuan (.6 trillion), data from the National Bureau of Statistics showed Monday.

China will remain firmly committed to continuing economic opening-up and broadly deepening financial reforms, including renminbi exchange rate liberalization, despite the ongoing trade tensions, according to the country's top foreign exchange regulator on Monday.

China's Foreign Ministry has already urged Sweden to reverse its 5G decision on Chinese companies, to prevent the move from having a negative impact on bilateral trade cooperation and the operation of Swedish companies in China.