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China on Aug 3 threatened tariffs on billion in US goods — including 25 percent on liquefied natural gas — in response to a US threat to expand tariffs on Chinese exports.

China will be probably the only G20 member country that registers positive GDP growth in 2020, O'Neill said, referring to the group of 20 major economies in the world.

China supports the Organization for the Prohibition of Chemical Weapons — an intergovernmental institution that makes sure countries adhere to the prohibition on chemical weapons — to carry out comprehensive investigations into all uses of chemicals as weapon in Syria, a senior Chinese envoy said on Wednesday.

China was also financing the expansion of Hwange Power Station that will add another 600 MW into the national grid when completed in 2022.

China should accelerate banks' initial public offerings so that small and medium-sized commercial lenders can raise funds from capital markets and better serve small businesses, experts said.