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Australia looks forward to resuming exchanges and cooperation with China in various areas as soon as possible, he added.

BEIJING - China has built a total of 198,000 5G base stations by the end of March, according to data from the Ministry of Industry and Information Technology (MIIT).

BEIJING - A former senior legislator of north China's Hebei province has been expelled from the Communist Party of China (CPC) and dismissed from public office for multiple offenses including taking bribes, the top anti-graft body said Friday.

Authorities have also introduced a "counter-cyclical factor" to the existing pricing model of the yuan's central parity rate against the dollar, aiming to moderate pro-cyclical fluctuations driven by irrational sentiment in the foreign exchange market.

BEIJING - A market that buys more than 20 million cars a year is mouth-watering for not just automakers and dealers, but even for home appliance retailers, especially after China began reforming its 4S-store domination this month. In the past two weeks, the first brick-and-mortar car market for Suning.com grabbed the spotlight and put the Chinese car sales market on the verge of groundbreaking changes. Located in a Suning plaza in downtown Nanjing, provincial capital of eastern China's Jiangsu, the market opened for business on July 15. It now offers cars from 12 domestic and foreign brands, including BMW, Audi and Maserati. It also provides accessories, as well as financial and used car services. Suning plans to build 100 such markets in major Chinese cities.