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China's central bank unveils a draft of a mechanism arrangement for trading of matured defaulted bonds to consult public opinion on the document. [Photo/IC]

China's bond market has a particular role to play in the country's greater financial integration into the global economy. [Photo/IC]

China will properly handle various hot issues, effectively address global security challenges and make new contributions to safeguarding world peace and security, said Ma Zhaoxu, China’s permanent representative to the UN, at a briefing to Chinese media in New York on Wednesday.

China's automotive industry is shifting from superfast expansion to slow growth, after the country's car market already reached an immense scale in production and sales volume, the nation's top industry regulator said on Tuesday.

China's M2 target this year is set to grow by around 12 percent, one percentage point lower than the 2016 target.