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China's GDP grew by 6.2 percent in the first three quarters, the fastest among major economies worldwide, according to official data.
China's central bank reiterated its intent to maintain a "conventional monetary policy as long as possible", while keeping certain policy adjustment space to encourage moderate savings and prevent asset bubbles.
China will further open up in the future. During the Boao Forum for Asia earlier this month, Chinese President Xi Jinping said China will continue to staunchly stay on the path of peaceful development, pursue a mutually beneficial strategy of opening-up, and forge a new type of international relations featuring mutual respect, fairness, justice and win-win cooperation.
China's banking and insurance sectors will forgo part of their profits this year to stabilize the real economy by lowering lending rates, comprehensive financing costs and insurance premiums for companies, and they will offer some free consulting services to small businesses, said Xiao Yuanqi, chief risk officer of China's top banking and insurance regulator.
China's COSCO Shipping Ports became the major shareholder in Noatum Port Holding in Spain in late 2017, operating important southeastern and northern Spanish ports of Valencia and Bilbao, as well as two railway terminals in Zaragoza and Madrid.