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China on Tuesday accused the United States of abusing its decision-making powers at the World Trade Organization by holding hostage the selection process of new members to its dispute settlement court, known as the Appellate Body.

China will continually develop equity investment to provide medium and long-term financing and mobilize more resources under the Belt and Road Initiative, Chen Yulu, deputy governor of the People's Bank of China, the nation's central bank, said on Wednesday.

China will "take all necessary measures" to resolutely protect its legitimate rights and interests that might be hampered by the possible US initiation of a Section 301 investigation into the country, the Ministry of Commerce said on Thursday.

China plans to build an air network to better link countries taking part in the Belt and Road Initiative, the country's civil aviation authority said on Tuesday.

China was a poor nation scarred by foreign aggression and civil war, but today is the world's second-largest economy and a major international player. The Party has evolved from a small group of about 50 members to 89 million, more than the population of Germany.