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"We welcomed the recent adoption of the Joint Statement by the Foreign Ministers of ASEAN Member States and China on the Full and Effective Implementation of the Declaration on the Conduct of Parties in the South China Sea. We stressed the importance of the full and effective implementation of the DOC in its entirety," read a chairman statement issued by ASEAN and China.
"The white paper issued on August 2, full of hackneyed expressions, distorts China's justified and reasonable defense construction and heightens issues in the South China Sea and the East China Sea," said Defense Ministry spokesperson Wu Qian in a statement.
After 38 years of reform and opening up, China has come to a new starting point to deepen reform across the board and foster new drivers of economic and social development, adapt its economy to a new normal and transform its growth model, and further integrate itself into the world and open itself wider to the world, according to Xi.
By the end of July, capacity reduction in China's steel sector totaled just 21 million tonnes, or 47 percent of the annual target, Zhao said. This marked substantial progress, as China had only completed about 30 percent of planned cuts for the year by the end of June, but it is still far from the target.
China would like to strengthen cooperation with all parties to jointly develop major transportation networks throughout East Asia to boost the region's prosperity and development with funding from Asian Infrastructure Investment Bank, the Silk Road Fund, Asian Development Bank, as well as development aids and commercial loans, he said.
来源：资阳报