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China's top financial regulatory body advocated greater control of potential financial risks emerging from online lending and highly leveraged financing by listed companies.

China-Zambia cooperation has provided strong support to Zambia's industrialization and economic diversification, and created a large number of jobs for the benefit of the local people, he added.

China's total trade volume was 13.14 trillion yuan in the first six months, up 19.6 percent year-on-year, according to the GAC. Specifically, exports grew by 15.0 percent to 7.21 trillion yuan, and imports surged 25.7 percent to 5.93 trillion yuan.

China's plan to issue interim 5G licenses in 2019 will accelerate the maturity of the whole telecom value chain and expedite the commercial use of the superfast technology, but also reflects the financial pressure on telecom carriers which have not yet recouped their gigantic investments in 4G network construction, experts said.

China's rural revitalization strategy is helping revamp the countryside. The strategy was first put forward during the 19th National Congress of the Communist Party of China (CPC) in 2017 and has been repeatedly stressed by the Chinese leadership ever since.