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China's continued reform and opening-up is advancing with a strong momentum and being welcomed worldwide. The 2018 China Business Climate Survey Report, released by the American Chamber of Commerce in China, revealed that 74 percent of its members plan to expand investment in China, the highest percentage in recent years.

SINGAPORE, Aug. 4 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Saturday proposed here three principles for the future development of the East Asia Summit (EAS).

At the press conference, Gao also said the unilateralism and protectionism of a certain member are the root causes of the perils in front of the world economy and the multilateral trade system.

The two sides of the Strait belong to "an inseparable community of shared future that stands together through thick and thin," he said.

Analysts believe the intensive measures will help China meet increasing domestic demand, achieve balanced trade and share development dividends with rest of the world.