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China would like the US to treat the bilateral ties in an objective and reasonable manner, abide by related promises and act in a way that maintains a healthy development of the relations, which is the correct choice to meet the interests of both sides and the whole world, Foreign Ministry spokeswoman Hua Chunying said.

China will provide more quality services to foreign firms and create a more law-based, internationalized, and convenient business environment, Gao said.

China's central bank is very close to launching its own digital currency after five years of research and development in the area, according to a senior official.

China's State-owned enterprises directly managed by the central government have been instructed to take steps to improve benefits for skilled workers - for example, offering more stock ownership incentives - to help sustain key workforces and improve the quality of Chinese manufacturing.

China's Cabinet-level financial regulatory body is urging support for the country's economic recovery, accelerating the reform of small and medium-sized commercial banks, and cracking down on financial fraud in the capital market, the State Council's website reported on Monday.