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Chinese Foreign Ministry spokesman Geng Shuang said on Tuesday that climate change is a common challenge to all mankind, and all members of the international community should join hands in cooperation and make their own contribution to a solution. "We felt regret that the US started the formal process to exit from the Paris Agreement," Geng said.

China's rental market size is expected to jump from 1.1 trillion yuan (6 billion) in 2016 to 4.6 trillion yuan in 2030, according to real estate agent Homelink's research department.

China's top leadership decided at a key meeting on Tuesday that the country will make the fiscal policy more effective and "keep liquidity reasonably ample" to maintain stable growth in the second half of the year.

China's payment system has been world-leading, Chen said, and the first phase of the renminbi cross-border payment system has put into operation. China has also set up the world's largest enterprise and individual credit information system.

China's top environmental watchdog has rolled out a more specific and ambitious plan to phase out or transform major emitters of airborne pollutants in the Beijing-Tianjin-Hebei province cluster this heating-supply season, following the worsening of air pollution during an unusually warm year.