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China is working to maximize investment returns of its foreign exchange reserves amid global economic downside risks, focus more on maintaining sufficient reserves and increase gold purchases to prevent market shocks, said officials and analysts.

China provided the first shipment of materials and equipment on Wednesday as urgent assistance to the Philippines, Wang said.

China stands ready to work along with other countries, including France, to make every effort to protect the lives and health of Chinese and foreign people, he said.

China successfully hosted the Belt and Road forum for International Cooperation in Beijing this past May. Based on the principle of extensive consultation, joint efforts and shared benefits, the forum achieved fruitful results on policy consultation, infrastructure connectivity, trade promotion, financial cooperation and people-to-people exchanges, and injected new momentum to promote interconnected growth and facilitate common prosperity. The international organizations participating in the Roundtable welcome and support the Belt and Road Initiative which could help promote economic globalization, strengthen regional interconnection and deepen international cooperation, and are willing to join together with China and countries involved in the Belt and Road to push the initiative.

China urged parties involved to stop exaggerating what they cite as "China's responsibility" in addressing the Korean Peninsula nuclear issue, saying this is driven by "ulterior motives".