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Wang compared the Korean nuclear issue with the Iran nuclear deal, saying the long suspension of the six-party talks on the Korean nuclear issue resulted in a situation that "no one wants to see."

The video, produced by Xinhua News Agency, comprises nine languages -- Chinese, English, French, Spanish, Russian, Arabic, German, Korean and Japanese.

He urged Hubei, a province along the Yangtze River, to integrate structural reforms with the development of the Yangtze River Economic Belt, and stick to green development and ecological protection.

"We wish to have a good start from the year of the lucky monkey," Ban said, referring to the implementation of the Sustainable Development Goals.

The PPI and CPI are related, as the PPI reflects prices in production, while the CPI reflects prices at the point of consumption. Price fluctuations usually first appear in the production phase before being passed on to consumers.