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China is willing to sign high-level trade agreements with the parties concerned, he said.

China respects the sovereign rights of Arctic States over oil, gas and mineral resources in the areas subject to their jurisdiction in accordance with international law, and respects the interests and concerns of residents in the region, said the white paper.

China pledged continued support to facilitate foreign purchases of protective materials and equipment for combating COVID-19, vowing on Tuesday to maintain the stability of global industrial chains with other countries.

China removed import tariffs on cancer drugs from May 1 and lowered VAT from May 3. According to Voice of China, it is estimated that the moves will save patients about 1,000 yuan (5) a year on average.

China issued green bonds worth .5 billion in the first three quarters of 2018, surpassing the .9 billion issued in the same period of 2017. The amount of green bonds issued in the third quarter alone reached .5 billion, of which 49 percent is aligned with international green bond definitions, according to a newsletter released by China Central Depository & Clearing Co Ltd.