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China's urban unemployment rate fell to 3.83 percent in June, the lowest since 2002, the top human resources authority announced on Monday. The country's employment structure also improved.
China-US relations are at a critical stage and face great challenges, said Yang Jiechi, director of the Office of the Foreign Affairs Commission of the Communist Party of China Central Committee. Yang spoke in a meeting with US Secretary of State Mike Pompeo in Beijing.
China, now the second largest economy in the world, has helped power the world economy not only with the BRI, but with foreign aid into countries in need. Many developing countries are benefiting from Chinese loans and grants, both bilateral and multilateral, said Ali Ahmed, CEO of Bangladesh Foreign Trade Institute.
China's rapidly expanding consumer market -- confident, increasingly rich and sophisticated, and willing to experiment -- offers a strong link between China and the world. It is not only the prime engine for economic growth but is a huge opportunity for international businesses, according to the report.
China's top securities regulator said on Friday the country will gradually unify and streamline channels for foreign investors to trade in domestic markets, as part of its efforts to advance capital market opening-up this year.