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China's housing regulator has warned four Chinese cities over price rises in the past three months, the Economic Observer reported.

China's important global role in environment-related issues is perhaps most obvious in the area of climate change, Veres said. "China has been constantly engaged with the global community in reaching amicable agreements to address one of our globe's biggest concerns."

China's economy is bouncing back to growth after a steep slump from the COVID-19 pandemic with better-than-expected indicators in the second quarter, said Yan Pengcheng, director of the Department of National Economy at the National Development and Reform Commission, during a news conference in Beijing on Friday.

China's non-financial outbound direct investment (ODI) surged 24.1 percent year-on-year to .5 billion in the first quarter this year, official data showed.

China's foreign trade with the Association of Southeast Asian Nations, its largest trading partner, jumped 6.6 percent year-on-year to 2.51 trillion yuan during the seven-month period, while its trade volume with the European Union grew 0.1 percent on a yearly basis to 2.41 trillion yuan.