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China has been making efforts to reform and develop the global governance system. Xi Jinping, general secretary of the CPC Central Committee, emphasized the community of a shared future for mankind in his keynote report delivered to the Party Congress on Oct 18.

China cut loan prime rate (LPR), a newly reformed interest rate to guide banks’ loan price, on Wednesday to lower corporate financing cost and stabilize economic growth amid rising headwinds.One-year LPR came in at 4.15 percent, down from 4.2 percent a month earlier, according to the National Interbank Funding Center. The above-five-year LPR stood at 4.8 percent, down from 4.85 percent a month earlier.The People's Bank of China, the central bank, announced in August a plan to reform the LPR mechanism to better reflect market changes in its latest move to guide borrowing costs lower to support the real economy.

China has attached great importance to the development of the rental market as an alternative route to more affordable urban housing.

China has become the world's largest producer of electricity based on low-carbon coal. The country will continue to promote efficient and environmentally friendly use of coal, in line with the policy to develop clean energy, said a high-ranking Chinese government official.

China crowns the biggest trade partner of Thailand, with a two-way trade of more than billion in 2017. The minister expects the bilateral trade would reach 0 billion by 2020.