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China has been integrated into the global economy, and it will not engage in "economic invasion". [Photo/IC]

China follows a "five-nos "approach in its cooperation with Africa - no interference in the development paths of individual countries; no interference in their internal affairs; no imposition of China's will; no attachment of political strings regarding assistance; and no seeking of selfish political gains in investment and financing cooperation.

China expects parties involved in the ongoing tensions on the Korean Peninsula to make rational and sensible choices and won't allow anyone to make trouble its doorstep, the Foreign Ministry and Defense Ministry said on Thursday.

China has 98 centrally administered SOEs, down from 117 five years ago as a result of the central government's policy of restructuring central SOEs to improve their earning capabilities and efficiency.

China could emerge from the coronavirus pandemic with a more dominant economy, replacing the United States as the world's largest within the current decade, according to experts.