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He said China has set off on a new journey and is bound to achieve its goals.

NANCHANG, June 21 (Xinhua) -- Great efforts should be made to prevent flood, with solid steps taken to ensure safety of lives and properties of the people, Premier Li Keqiang has said.

Apart from implementing more policies on reducing taxes and fees for the region, the country will increase fiscal support for revitalization, Li said.

Zeng said the U.S. deficit with China would be overestimated if calculated with the traditional method, as exports from a country include products from many other countries with globalized division of labor.

And the White House has been especially aggressive towards China. Since March 2018, the U.S. government has repeatedly raised tariffs on China imports, forcing the Asian country to fight back in similar tariff hikes.