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The recent volatility in the international financial market has affected global economic recovery. It is imperative for countries to step up macro-economic policy coordination, maintain stability of the financial market through concerted efforts and bring the global economy back on track of healthy growth. What has happened since the international financial crisis shows that quantitative easing alone cannot address the structural hindrances to growth, and policies as such may not be without their negative impacts. What is important is to strengthen the real economy. This would require that countries advance structural reform at home and strengthen international cooperation. Along this line, China has come up with the initiatives to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and to promote global cooperation on production capacity. We believe these initiatives could help further open up our country and forge a more balanced and inclusive global industrial chain. This in turn could pool the comparative strengths of all countries and foster a global community of common interests and development for win-win, inclusive and common progress.

GAZA, July 15 (Xinhua) -- The Chinese government donated 700 tons of rice to the population of the Palestinian Gaza Strip Wednesday. Chen Xingzhong, director of the Chinese Office in Palestine (Ambassador-Level) supervised the delivery.

On Singapore's taking-over as the coordinator between China and ASEAN, Li said China is willing to continue promoting a sustained and healthy development of the strategic partnership with ASEAN countries including Singapore.

"As soon as I saw the flames, I knew we were in big trouble, and left home at once," recalled Li Qing, director of the nephrology department of TEDA Hospital.

Also promoted are Zhang Shibo, president of the PLA National Defence University, and Wang Ning, commander of the armed police force.