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China is not picking sides between east and west, rather, it is forging its own development path amidst a changing global landscape. This is in itself a contribution to the political development of mankind.

China has released economic data for July, with most of them weakening. The easing economy and the ongoing China-US trade tensions will likely add pressure to Chinese firms' profit growth even further in coming months, securities firm Nomura said in a research note.

China is now the world's second-largest insurance market and it still enjoys very strong annual premium growth. Looking ahead, two important factors will help to safeguard well-functioning insurance markets.

China has rolled out targeted measures to boost domestic consumption and pledged to further carry out reforms and apply new technologies to promote commerce as the country faces increasing external uncertainties and downward pressure.

China is set to boost the development of its civil aviation industry to create a market that is expected to be worth more than a trillion yuan (7.2 billion) by 2020.