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"Therefore, the arbitral tribunal which clearly has been expanding and over-stretching its jurisdiction beyond the limit has no jurisdiction at all (over the South China Sea disputes)," Wang said. "Any award it makes in disregard of the laws and facts is naturally not legally binding."
Wang said he hoped developed countries will honor their commitments to give 100 billion U.S. dollars to developing countries annually before 2020,realize emission reduction targets, and transfer environmentally friendly technology to developing countries.

Hailing China's contribution to the global economy, Tsipras said China is playing a more and more important role in international affairs.
The country has to invest in a fast and efficient transportation network to reduce logistic cost for companies and to encourage fine competition and innovation, especially for the small and medium-sized companies, he added.
Szijjarto said that China was one of Hungary's most important economic and trading partners, that Chinese investments in Hungary exceed 3.5 billion dollars, and that many Chinese businesses have chosen Hungary for their regional centers.
来源:资阳报