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Chinese FM highlights mutual trust, cooperation with Singapore, Cambodia

China's response to the COVID-19 economic crisis is very different from its response to the global financial crisis. In 2010, China's infrastructure was much less developed than now, so it made sense to have a broad-based stimulus that specially focused on upgrading the nation's transport, energy and urban infrastructure. But, now China's infrastructure is world-class, so this time it has been important to more tightly target improving the business climate and promoting technological upgrading.

Chinese Ambassador to the US Cui Tiankai said on Wednesday that China had a shared interest with the United States on the Korean Peninsula, where both want continued stability and progress toward denuclearization.

China's urban unemployment rate fell to 3.97 percent in the first quarter, the lowest rate since 2002, according to data from the Ministry of Human Resources and Social Security.

China's power output increased 6.3 percent year-on-year to 2.96 trillion kilowatt-hours in the first half of 2017, official figures showed.