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We need to advance structural reform, in particular that on the supply side. The structural problems facing the Chinese economy are about both the supply and demand sides, especially the supply side. We need to advance structural adjustment through reform, reduce inefficient and low-end supply, and expand effective and medium- to high-end supply. This is conducive to economic transformation as well as growth. A major task for us is to phase out outdated production capacity and address overcapacity, especially in steel, coal and other sectors that face difficulty in operation. Initial progress has been made in recent years, as is shown in the lowering production of raw coal and crude steel, but our efforts must well continue. We will adopt a market-based and rules-based approach and apply strict standards in environmental protection, quality and safety. The biggest challenge is how to address possible layoffs in this process. Businesses need to take multiple measures to ensure that their employees will get reemployed. Both the central and local governments should provide necessary support to take care of the affected employees. Overcapacity is a global challenge. The fact that we have taken the initiative to cut overcapacity demonstrates that China is indeed a responsible country.

Some lawmakers proposed that the key to better managing and containing cybersecurity threats was in legislation, better information infrastructure, and safe network facilities and data, according to a statement released after panel discussions on the draft law.

BEIJING, June 8 (Xinhua) -- The eighth China-U.S. Strategic and Economic Dialogue (S&ED) concluded here Tuesday with fruitful results. Despite ups and downs in bilateral ties, the two countries have tried to seek common ground through such dialogues and promoted the establishment of a new model of major power relations.

The boat with 36 people capsized in the Minjiang River of Yuankou village, Minhou county at about 4:30 p.m. when the race was staged.

The Director General Governance in the Parliamentary Affairs Ministry, Afram Wani Peter, told Xinhua in Juba that South Sudan's transitional government of national unity has been seeking Chinese support for development since its formation in April.