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We need to advance structural reform, in particular that on the supply side. The structural problems facing the Chinese economy are about both the supply and demand sides, especially the supply side. We need to advance structural adjustment through reform, reduce inefficient and low-end supply, and expand effective and medium- to high-end supply. This is conducive to economic transformation as well as growth. A major task for us is to phase out outdated production capacity and address overcapacity, especially in steel, coal and other sectors that face difficulty in operation. Initial progress has been made in recent years, as is shown in the lowering production of raw coal and crude steel, but our efforts must well continue. We will adopt a market-based and rules-based approach and apply strict standards in environmental protection, quality and safety. The biggest challenge is how to address possible layoffs in this process. Businesses need to take multiple measures to ensure that their employees will get reemployed. Both the central and local governments should provide necessary support to take care of the affected employees. Overcapacity is a global challenge. The fact that we have taken the initiative to cut overcapacity demonstrates that China is indeed a responsible country.

MOSCOW, July 5 (Xinhua) -- Chinese Vice Premier Liu Yandong on Tuesday called for joint efforts to deepen inter-university cooperation between China and Russia.

The northeast, including Liaoning, Jilin and Heilongjiang provinces, was among the first regions in China to become industrialized. Its traditional industries include steel, automobile, shipbuilding, aircraft manufacturing and petroleum refining.

In recent years, China and Uzbekistan have maintained close cultural and people-to-people exchanges. Uzbekistan opened the first Confucius Institute in Central Asia in Tashkent in 2005, and a second such institute was established in 2014 in Samarkand, a historical city Xi visited during his first state visit to Uzbekistan in 2013.

- By "compatibility," it means to enhance BDS compatibility and interoperability with other navigation satellite systems, and encourage international cooperation and exchanges, so as to provide better services to users.