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Cooperation between China and Israel in the fields of economy and trade started long time ago. To celebrate the 25th anniversary of their diplomatic ties, the two sides this year announced to set up an innovative comprehensive relationship.

Core prices, which exclude the volatile food and energy prices, rose at a 1.3-percent rate. As a measure of overall inflation, the PCE price index is an important reference for officials at the Federal Reserve when making policy decisions.

Construction of the China-Belarus Industrial Park, 35 kilometers from downtown Minsk, began in June 2014. When the work is finished, the complex will cover 91.5 square meters, making it China's largest economic cooperation zone overseas.

Contact the writer at renqi@chinadaily.com.cn

Continental's Corporate Technology Officer Kurt Lehmann said the company is focused on developing and shaping the environment of future mobility by increasing its R&D expenses, which grew to more than 2.8 billion euros in 2016.