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China's de-radicalization measures in Xinjiang have proven highly effective and are a crucial contribution to the international counterterrorism cause, Chinese State Councilor and Foreign Minister Wang Yi said Wednesday at the United Nations.

China's labor is becoming expensive too, and more skilled. So, China needs to move away from setting up industries that basically service imports from East Asia. Instead, China should set up industries that are indigenous and can use innovation to produce new products. The country is already doing this quite well. China has beaten the US in 5G, and leads in artificial intelligence.

China's listed banks entered a period of stability with steady growth and lower non-performing loan ratios and overdue loan ratios in the first half of the year, but pressure for competition may mount and lenders need to increase their pricing and cost control abilities, according to a report.

China's customs authorities had seized more than 100 tons of endangered wildlife and related products between Jan 1 and April 15 this year, of which around 300 kilograms were ivory tusks and ivory products, the General Administration of Customs said last month.

China's first IVF baby was born in 1988 in Beijing.