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China Cinda introduced industrial investors to Hongye. They set up a restructuring fund to dismantle and dispose of the group's assets by business segments, realized asset value maximization of each segment, eliminated outdated production capacity, and cleared up loss-making "zombie" subsidiaries of the group, Xiang said.

China adopts very strict standards on the safety evaluation of GMO products, and all such products available on the domestic market have passed safety evaluations and are safe, the ministry said.

China COSCO Shipping's Zhongyuantaicang container ship, with a tonnage exceeding 10,000 tons, docks at the Beibu Gulf Port in Qinzhou, Guangxi Zhuang autonomous region. [Photo provided to China Daily]

China and the ROK are neighbors and important countries in the region, and the bilateral relationship, since its establishment 25 years ago, has witnessed great achievements, which deserve being cherished, Xi said.

China and Pakistan are all-weather strategic cooperative partners who have always understood and supported each other over issues concerning their core interests, Wang said, adding that China will continue to firmly support Pakistan in safeguarding its legitimate interests and uphold justice for Pakistan internationally.