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China has urged the United States to observe promises it made in the three China-US joint communiques and handle Taiwan-related issues cautiously and properly, after US Secretary of State Rex Tillerson voiced his government's commitment to the one-China policy but also its intentions to keep its commitments to Taiwan.

China is in no rush to take policies in interest rate cutting and quantitative easing, and the monetary policy will remain prudent, Yi said.

China is becoming a global leader in the research and development of 5G standards and the overall market of country's 5G industry is expected to reach 1.15 trillion yuan (0.5 billion) by 2026, a nearly 50 percent growth from its 4G market, a consulting company said, Economic Information Daily reported.

China has remained the largest trading partner with ASEAN for 9 consecutive years. Last year, the bilateral trade exceeded 0 billion and the two-way visits totaled 40 million.

China is committed to building a modernized economy and an open economy of higher standards. This means that China will open its door wider to the world. And this will create more opportunities for the UK.