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China follows a trade policy of balance in import and export, and does not seek trade surplus. Its current account surplus to GDP ratio has dropped from the peak of 10% in 2007 to 1.8% last year. And in the first quarter of this year, it was only 0.7%, lower than that of many EU countries. China stands ready to work for the launch of a joint feasibility study for a China-EU free trade area as early as possible, further improve trade liberalization and facilitation, and create favorable conditions for competitive European products to enter the Chinese market. We also hope the EU will loosen restrictions over hi-tech exports to China, exercise restraint in the use of trade remedies, and promote the balanced growth of two-way trade.

China has established two offices to develop 6G, according to the Ministry of Science and Technology on Wednesday, kicking off the competition for the next-generation cellular data service that comes after the super-fast 5G.

China had over 75 million registered users of TV shopping services at the end of 2016, up more than ten percent year on year.

China called on relevant parties on Thursday to overcome the impact of COVID-19 and accelerate consultations on the Code of Conduct in the South China Sea in a flexible and pragmatic way.

China has established alliances to protect the Chinese sturgeon, Yangtze finless porpoise, Chinese white dolphin and spotted seal, he said.