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China is finding success in strengthening its ties with some South American economies. Uruguay signed a memorandum of understanding on the BRI with China in August, becoming the first Mercosur country to participate in the initiative.

China is expected to release and implement two updated foreign investment negative lists by June 30, a concrete move to further liberalize market access for foreign investors, the Ministry of Commerce said on Thursday.

China is ready to work with Singapore to deepen financial cooperation. The scale of currency swaps betweenus has reached RMB300 billion (US billion). The two sides are positively considering renewingour currency swap agreement to encourage local currency settlement in investment and trade. Singapore is a major international financial center with mature regulatory models and rich financial resources. China supports dialogue and exchanges between our financial regulators and encouragesour financial institutionsto developbusiness cooperation in accordance with commercial rules. We can also explorethe setting-up of a comprehensive and all-dimensional financial support platform. The fintech agreement we just signed should be well implemented to promote the sound and orderlyfinancial cooperation in e-payment and other emerging areas.

China has the world's largest high-speed railway network, with operating mileage exceeding 35,000 kilometers by the end of this year, the country's top railway operator said Friday.

China is forming a new development pattern known as "dual circulation," which takes the domestic market as the mainstay while allowing domestic and foreign markets to boost each other, and the new pattern will boost high-level opening-up and further improve the quality of two-way cross-border investment, Wang said.