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The first session of the 13th National People's Congress (NPC), and the first session of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC), collectively known as the "two sessions," will open on March 5 and March 3, respectively.

She noted that it is important that the five permanent members of the UN Security Council, namely China, United States, Russia, Britain and France, should continue their efforts and continue to take responsibility to maintain global strategic stability, to safeguard non-proliferation regime, and to continue the nuclear disarmament.

"The U.S. has launched over a hundred anti-dumping and countervailing measures on most imported steel and aluminum products, providing overprotection for its domestic products," said Wang Hejun, head of the trade remedy and investigation bureau with the Ministry of Commerce, in a news release. "If other countries follow the practice of the U.S., it will have a serious impact on international trade order."

As for cooperation on international affairs, Wang said China and Russia will work actively together to push forward a political settlement on major issues and enhance coordination within the framework of multilateral mechanisms including the United Nations, the Shanghai Cooperation Organization and the BRICS.

BEIJING, March 12 (Xinhua) -- Chinese institutions are preparing for the launch of much-anticipated yuan-denominated crude oil futures, a move seen to give the country greater pricing power over commodities.