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China has always firmly supported the Joint Comprehensive Plan of Action (JCPOA) and is devoted to safeguarding peace and stability in the Middle East, said Zhao. "China is willing to work with parties concerned to keep close communication and coordination, and jointly promote the process of political resolution of the Iranian nuclear issue."

China endorses Papua New Guinea's lasting support for the one-China policy, and is ready for bilateral discussions on and joint efforts on the Belt and Road Initiative, Wang said.

China has been credited as a key player in the positive forecast with the country's strong manufacturing sector contributing to Australian commodity prices, notably that of iron ore, being higher than forecast.

China has become the world's largest country for the production and consumption of mining resources, taking up 17 percent of the global share, and was followed by the United States and Russia in 2018.

China has allowed qualified micro-, small and medium-sized enterprises with principal or interest due between Jan 25 and June 30 to apply for delays to the end of the second quarter. Regulators told lenders not to downgrade loans with missed payments or report delinquencies to the country's centralized credit-scoring system before then.