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Starting this year, transition towards new growth engines from the traditional ones has accelerated, with new industries and businesses constantly emerging, said Yan Jinming, executive director of the National Academy of Development and Strategy of the Renmin University of China.

There is nothing sinister about China giving out loans to other countries, said Isaac Mwaipopo, executive director of the Center for Trade Policy and Dialogue in Zambia, adding what matters is that recipient countries ensure that the loans are used for the intended purpose of uplifting the welfare of citizens.

China always believes that the Korean Peninsula issue can only be solved peacefully through political dialogues, he said.

UNITED NATIONS, March 18 (Xinhua) -- A Chinese envoy on Monday urged the international community to help the Democratic Republic of the Congo (DRC) with its security capacity-building.

For a long time, the United States has regarded Latin America as its own "backyard" and has frequently pressured, threatened and even overthrown other regimes, he added. "We believe Latin American countries will make the correct judgment about who is a real friend and who is a fake one, and about who disregards rules and spreads disorder."