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China has set 2020 as the target year to complete the building of a moderately prosperous society, which requires the eradication of poverty.

China is forecast to spend 900 billion yuan (4 billion) to 1.5 trillion yuan on 5G network construction from 2020 to 2025, as the nation strives to commercialize the superfast fifth-generation wireless technology, a think tank affiliated with the country's top industry regulator said on Monday.

China is expected to have a good harvest this year, with total grain production expected to remain at 650 million metric tons for the sixth consecutive year, despite the impact of COVID-19 and flooding in some areas, according to the Ministry of Agriculture and Rural Affairs.

China is Washington's No 1 export market－ billion worth of business last year.

China has urged the United States to abandon trade unilateralism and seek consultative solutions through dialogue, the Ministry of Commerce said on Thursday after the European Union sought to join a dispute brought by China to the World Trade Organization over US tariffs on steel and aluminum.