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China National Petroleum Corp, the nation's largest oil and gas producer by annual output, had pledged to buy at least 3 million metric tons of LNG annually from the Yamal LNG project by 2019 to meet increasing fuel demand, said CNPC, which is an investor in the project.

China and Myanmar are expected to strengthen economic and trade relations, with China seen investing more in Myanmar through the Belt and Road Initiative.

China and the US had "constructive and candid" talks on economic and trade issues of mutual concern in Washington from Aug 22 to 23, and both sides will stay in contact for future arrangements, the Ministry of Commerce said in a statement on Friday.

China added 10.09 million new jobs in urban areas in the first 10 months of this year, reaching its preset target for job creation this year two months ahead of schedule.

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.