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At China's 19th National Congress of the Communist Party of China last month, the Belt and Road Initiative was included in the Party's Constitution. There now can be no doubt about the long-term commitment on the Chinese side. Minor delays and setbacks are therefore less important, but partnerships that support the initiative's ambitious agenda, especially the sustainability and digitalization agenda, are needed. Here, the European Union could play an important role, especially in central and eastern areas where significant investment will occur.

At Global Thinkers Dialogue: China's South-South Cooperation in Agriculture, Chediek said the establishment of the China Belt and Road Institute for Agricultural Cooperation and the China Institute for South-South Cooperation in Agriculture will contribute to agricultural and rural development research and knowledge sharing, as well as promote agricultural cooperation and innovation worldwide.

Aside from tightened control of public listings, the CSRC created severe punishments to deter market violations and make the capital market function properly.

Asian economies will witness significant growth in the next 15 years, according to a new analysis.

At a ceremony on Wednesday conferring the police flag on China's police force, President Xi Jinping stressed that political and legal organs need to focus on prominent problems that people have reported; promptly improve mechanisms for supervising and restricting the exercise of power; and implement strict, standardized, fair and civilized law enforcement.