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China's rapid improvement in easing business procedures has been lauded in a separate report from global professional services provider TMF Group. It said China is one of the most appealing investment destinations for foreign investors despite the ongoing novel coronavirus epidemic and mounting downside pressure.

China's yuan strengthened to a five-month high against the US dollar on Friday, the largest weekly gain in 14 years thanks to a weakening greenback and positive signals from Sino-US trade talks that concluded on Wednesday.

Chinese President Xi Jinping (2nd L) and his Russian counterpart Vladimir Putin (2nd R) attend a bilateral energy business forum in St. Petersburg, Russia, June 7, 2019. [Photo/Xinhua]

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a bank in Beijing, China, March 30, 2016. [Photo/Agencies]

Chinese Foreign Ministry spokesman Lu Kang said on Thursday that Pyongyang's recent efforts show its goodwill and sincerity, and China believes concerns of all parties－including those reasonable ones of the DPRK－should be addressed in a balanced approach.