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China must pay more attention to cutting its consumer leverage ratio due to rising risks in the financial sector from the rapid growth of household debt, according to the top banking watchdog.

China reiterated its opposition to the use of chemical weapons and voiced support for a comprehensive and fair probe into an alleged poison gas attack in Syria during a United Nations Security Council emergency meeting on Monday.

China will continue to play a constructive role on the issue and work with all parties, including the DPRK, toward the thaw of the situation on the peninsula, Xi said, according to Xinhua.

China may grant official 5G licenses to telecom carriers this year and is likely to start commercial use of the technology nationwide in the near future, possibly as soon as October, people familiar with the matter said recently.

China started to impose anti-dumping duties on cellulose pulp imported from the above-mentioned countries from April 2014 for five years after a probe found companies from these countries have dumped cellulose pulp on the Chinese market.