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This time around Washington has taken a different approach, stressing that the alleged Chinese hackers have stolen secrets from other countries as well.

Finland will assume the rotating presidency of the EU in the second half of this year. The country will take this as an opportunity to promote closer ties between the EU and China, Niinisto said.

Regarding differences and frictions in trade, Xi said China stands ready to resolve them through cooperation and to reach a deal that can be accepted by both sides.

One provision in the draft proposes to use the same contents prescribed in the Company Law and the Partnership Enterprise Law to regulate foreign investment enterprises' organizational form and structure.

The PBOC decided Friday to cut the reserve requirement ratio (RRR) by 1 percentage point in a move to increase loan funding sources of small, micro, and private businesses.