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China and the EU need to remain committed to the overall direction of economic globalization. In his speech at the World Economic Forum in Davos earlier this year, President Xi Jinping underscored China's commitment to upholding free trade and put forward the proposition of making economic globalization more open, inclusive, balanced and beneficial to all. His message has given a boost to people's confidence in economic globalization.Powered by trade and investment liberalization and facilitation, economic globalization has always been and will continue to be a major driver for sustained global growth. Just as there is no panacea in the world which does not involve any pain, economic globalization is not problem-free. We need to face up to these problems and make efforts to address and alleviate their adverse impacts. In any case, one cannot stop eating for fear of choking, to apply the brakes on economic globalization or try to reverse course is neither advisable nor consistent with the historical trend. The most urgent task now is to uphold free trade, re-energize trade and investment, push the global economy onto the track of steady recovery and spread the benefits of economic globalization to more countries and communities. Both being beneficiaries of free trade, China and the EU should also be its staunch advocates.

China announced plans in April 2017 to establish the Xiongan New Area about 100 kilometers southwest of Beijing. It covers Hebei's Xiongxian, Rongcheng and Anxin counties.

China and European countries have much to learn from each other in terms of urbanization policies, technologies and experience, a senior official said on Wednesday.

China National Heavy Duty Truck Group aims to build its brand into a world-class one abreast of thriving international companies such as Daimler, Benz and Volvo, according to Tan Xuguang, the group's chairman.

China and other top US trade partners like Mexico have focused on American farmers with retaliatory tariffs on soybeans and pork among other products after the US President Donald Trump imposed 25 percent duties on billion worth of Chinese goods as well as tariffs on steel and aluminum from the European Union (EU), Canada and Mexico.