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China has been making a series of moves in opening up the bank card clearing market to international companies, including Visa, Mastercard, American Express and JCB, meaning that China's payment market will see increasing competition in the near future.

China has been stepping up efforts to improve financing efficiency for the real economy, with targeted measures to expand financing channels and reduce financing costs for small and micro firms.

China has made every effort to turn "Beautiful China" and "ecological civilization" - new visions put forth by the Communist Party of China during its national congresses in 2017 and 2012, respectively - into actions to cope with environmental woes brought on by decades of rapid economic growth.

China decided on Tuesday to suspend beef imports from four Australian companies due to a violation of requirements agreed to by the two countries, Foreign Ministry spokesman Zhao Lijian said on Tuesday. Zhao also dismissed Australia's claim of China's "economic coercion".

China has been the world's largest new energy vehicle market since 2015.