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China has welcomed the move, applauding all efforts to reduce tensions and create a more peaceful atmosphere on the peninsula, which could pave the way for future diplomatic talks on the nuclear issue on the Korean Peninsula.

China is set to eliminate absolute poverty by the end of this year, and meet the poverty eradication goal set out in the UN 2030 agenda for sustainable development 10 years ahead of schedule.

China has protested to the United States over an annual US defense policy bill that includes clauses requiring reports on the possibility of naval ships from the US and Taiwan docking at each other's ports, a Foreign Ministry spokesman said on Monday.

China increased its US treasuries holdings by .4 billion in October, after cutting .7 billion in September. By the end of October, China held .1892 trillion of US treasuries and remained the largest holder of the securities.

China has unveiled its "dual circulation" development pattern, where internal and external markets can reinforce each other, with the domestic market as the mainstay.