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China is firmly committed to achieving the denuclearization of the Korean peninsula, and appreciates the series of positive actions taken by the DPRK this year, said Hua, adding it is necessary to give attention to and resolve the DPRK's legitimate security concerns in promoting the denuclearization of the peninsula.

China is globalizing its capital markets gradually. Global index compiler MSCI included more than 200 China A shares in the MSCI China Index as well as relevant global and regional composite indexes, such as the MSCI Emerging Markets Index, at the close of trading on May 31.

China has received a request for consultation from Australia after the Oceania country announced it would seek World Trade Organization involvement over alleged tariffs imposed by Beijing on its barley exports on Wednesday, according to the Ministry of Commerce.

China has seen major changes in urbanization, globalization and digitalization since the country introduced reform and opening-up 40 years ago. In this special video coverage, Sheldon Chen, vice-president of Avaya Asia-Pacific, shares his thoughts on the outlook of the Chinese market, given a number of initiatives issued by the government in recent years.

China has tried to promote infrastructure connectivity under the Belt and Road Initiative since it was proposed by Xi in 2013.