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Li and the Singaporean leadership are expected to speed up bilateral cooperation on the Belt and Road, innovation and multilateral trade, Chen said.

The consensus was reached during a meeting between visiting Chinese President Xi Jinping and Portuguese Prime Minister Antonio Costa.

BEIJING, Nov. 16 (Xinhua) -- China will cut the retail prices of gasoline and diesel starting Saturday, the largest drop in nearly four years, the country's top economic planner said Friday.

This is the working of the laws of economics, a fact no one can change. We need to gain a keen appreciation of this underlying trend of our times and view the changing world for what it is and, on that basis, respond to new developments and meet new challenges in a responsible and rules-based way. Attempts to erect barriers and cut the close economic ties among countries work against the laws of economics and the trend of history and run counter to the shared desire of people around the world. This is a short-sighted approach and it is doomed to failure.