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China's strenuous efforts to balance public security with economic growth showcased the resolution of the central leadership to promote the building of a modern economic system, optimize the industrial structure and achieve sustainable development.
China's trade with 16 CEE nations hit billion last year, an increase of 15.9 percent year-on-year, said Ren Hongbin, assistant minister of commerce. Its trade with Germany reached 8 billion in 2017, up by 11 percent year on year, he said. However, the global trading system is facing an unprecedented challenge from rising trade protectionism and unilateralism, he added.
China's retails sales, the barometer for domestic consumption, contracted by 19 percent on a yearly basis during the first quarter of the year, largely due to the COVID-19 outbreak, the National Bureau of Statistics reported on Friday.
Chinese Premier Li Keqiang (R) holds talks with New Zealand Prime Minister Jacinda Ardern at the Great Hall of the People in Beijing, capital of China, April 1, 2019. [Photo/Xinhua]
China-US relations have again come to a crossroads in history, and the two sides need to jointly make the "right choices" for the future, Chinese Ambassador to the US Cui Tiankai said at a reception in Washington.
