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Countercyclical monetary policy has also taken effect. Statistics from the People's Bank of China, the central bank, show that the growth of China's broad money supply or M2 remained flat year-on-year at 8.2 percent in August. New yuan loans stood at 12.13 trillion yuan (.7 trillion) during the first eight months of this year, about 770 billion yuan more than the same period last year.

Construction of the world's longest across-the-river pipeline, the southern part of the China-Russia East natural gas pipeline, from Hebei province to Shanghai, kicked off last week, according to China Oil& Gas Pipeline Network Corp, or PipeChina, the national pipeline operator. The line is expected to provide the region with 18.9 billion cubic meters of gas, or 30 percent of the yearly consumption of the region in 2019, when it reaches full capacity in 2025 through its 5,111-kilometer-long pipeline, it said.

Cool, I thought, what great service. And I ordered from one of those links, emailing back the order number.

Copies of The Room Where It Happened by former US national security adviser John Bolton are displayed at a bookshop in Corte Madera, California, on June 23. [JUSTIN SULLIVAN/AFP]

Core competitiveness, market-oriented approach, mixed ownership in spotlight