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The NDB opened in Shanghai on Tuesday to finance infrastructure projects, mainly in BRICS countries -- the emerging economies of Brazil, Russia, India, China and South Africa.

"We will continue knocking on the doors of our development partners as we strive to ensure that our citizens are accorded all the basic services they require. An educated nation is a wealthy nation, as such our priority ratings on education are very high as a government," she said.

Political advisors must unwaveringly uphold the Party's leadership, strengthen confidence in socialism with Chinese characteristics, and vigorously bring constructive suggestions to improve the country's social development, Yu said.

Nozawa's confession is the 27th in a series of 31 written statements by Japanese war criminals published on the SAA website in commemoration of the 70th anniversary of the end of WWII.

China's steady economic development has benefited the world. China contributed about 30% to global growth in the first half of the year. With commodity prices dropping markedly on the global market, the growth of China's foreign trade volume is slowing down. But even so, the actual amount of commodities China imported has continued to go up. China will adopt a more proactive import policy and place greater emphasis on the quality of imports and exports. And China will only buy more from the world to meet its growing domestic demands. China's outward investment has maintained rapid growth. The number of outbound tourists has notably increased. Last year alone, Chinese tourists made over 100 million trips overseas. In the first half of this year, the number rose by another 10%. When Chinese tourists go abroad, they not just go sightseeing but also shopping. This shows that the Chinese people are bullish about the economic prospects. Given the celebrated tradition of frugality in China, people would hardly feel free to spend if they don't have a stable source of income. Of course, one should not forget that more than 70 million people in China are still living in poverty. Yet, the sheer size of the middle-income population also means huge and fast-growing consumer demands. All these serve to prove that China is not a source of risks for the world economy but a real source of strength for world economic growth.?