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China and the EU need to remain committed to the overall direction of economic globalization. In his speech at the World Economic Forum in Davos earlier this year, President Xi Jinping underscored China's commitment to upholding free trade and put forward the proposition of making economic globalization more open, inclusive, balanced and beneficial to all. His message has given a boost to people's confidence in economic globalization.Powered by trade and investment liberalization and facilitation, economic globalization has always been and will continue to be a major driver for sustained global growth. Just as there is no panacea in the world which does not involve any pain, economic globalization is not problem-free. We need to face up to these problems and make efforts to address and alleviate their adverse impacts. In any case, one cannot stop eating for fear of choking, to apply the brakes on economic globalization or try to reverse course is neither advisable nor consistent with the historical trend. The most urgent task now is to uphold free trade, re-energize trade and investment, push the global economy onto the track of steady recovery and spread the benefits of economic globalization to more countries and communities. Both being beneficiaries of free trade, China and the EU should also be its staunch advocates.

China Mobile unveiled a new plan to promote education in impoverished mountainous areas, as the State-owned company steps up its push to deliver on corporate social responsibility.

China announced plans to set up pilot zones for green finance last June to support its industrial upgrading and antipollution campaign, according to plans issued by the People's Bank of China.

China National Chemical Corp, or ChemChina, the country's biggest chemical producer by market share, will continue to help its overseas companies deliver products and services to expand their presence in China via platforms such as the China International Import Expo, said its top executive.

China Petroleum & Chemical Corporation (Sinopec) has unloaded the world's largest liquified natural gas (LNG) carrier "AL MAFYAR" for the first time as it berthed in North China's Tianjin municipality. [Phoyo/zgsyb.com]