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China's stance on the Korean Peninsula nuclear issue is consistent and clear, and China hopes all relevant parties adhere to the direction of political settlement, a Foreign Ministry spokesperson said Saturday.

China's supply side reform generates the potential momentum of a new model of growth, which fosters innovation and less bureaucracy, Mariscal added.

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a branch of a commercial bank in Beijing, in this March 30, 2016 file picture. [Photo/Agencies]

China's second-largest e-commerce platform JD said its offline franchise operating organization JD Baby Beiquan aims to open 5,000 stores in the next three years, with its sales revenue surpassing 100 billion yuan by 2020.

China's top leadership pledged at a recent meeting that economic policies will be more flexible, appropriate and targeted to support recovery in the second half of the year.