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China has become an integral part of the growth plans of many US businesses, not just because of its sheer size but also due to its strategic importance, according to Stephen Shafer, president of 3M China, the Minnesota-headquartered conglomerate.

China completed the drilling of deepest well in Asia and the first one in the world that goes through continental stratum of the cretaceous period on March 26, 2018. [Photo by Gu Landing/for chinadaily.com.cn]

China calls for continuous efforts to enhance security, insurance, and rescue systems to ensure the safety of tourists in the Arctic, said the white paper.

China came one step closer to finalizing the draft of a streamlined foreign investment law that would assure foreign companies of treatment that is fair and equal to that of domestic enterprises and promote the opening of the domestic market.

China has more than 11,000 islands in the sea, of which 489 are inhabited with an area of at least 500 square meters. More than half of the inhabited islands depend on pipe systems or cargo boats for water supply.