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The recent volatility in the international financial market has affected global economic recovery. It is imperative for countries to step up macro-economic policy coordination, maintain stability of the financial market through concerted efforts and bring the global economy back on track of healthy growth. What has happened since the international financial crisis shows that quantitative easing alone cannot address the structural hindrances to growth, and policies as such may not be without their negative impacts. What is important is to strengthen the real economy. This would require that countries advance structural reform at home and strengthen international cooperation. Along this line, China has come up with the initiatives to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and to promote global cooperation on production capacity. We believe these initiatives could help further open up our country and forge a more balanced and inclusive global industrial chain. This in turn could pool the comparative strengths of all countries and foster a global community of common interests and development for win-win, inclusive and common progress.
BEIJING, July 11 (Xinhua) -- Chinese President Xi Jinping returned to Beijing on Saturday evening after attending the seventh BRICS summit and the 15th SCO summit in Ufa of Russia.

Tibet and Tibetan-inhabited areas in four other provinces have entered "a critical stage" toward fulfilling the country's goal of building a moderately prosperous society in a comprehensive way, Xi said at a two-day meeting on Tibet's future development, which ended on Tuesday.
The National People's Congress (NPC) Standing Committee, China's top legislature, reviewed a draft of the resolution during a bimonthly session that started on Monday. The lawmakers voted on it on Saturday.
"At a time when people are remembering history and hoping for peace, we solemnly urge Japan to draw lessons from history and stick to the path of peaceful development," Yang said.
来源:资阳报