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China and another 27 countries have jointly adopted the Guiding Principles on Financing the Development of the Belt and Road, which highlights the need to ensure debt sustainability in project financing. In case our cooperation partners face difficulties in servicing debts, China will properly address this issue through friendly consultation, and will never press them for debt payment. As a matter of fact, no country has got trapped in a debt crisis since its participation in the BRI. On the contrary, it is through participating in BRI cooperation that many countries have got out of the trap of "no development".

China also plays an increasingly important role in international governance, through both existing bilateral and multilateral mechanisms such as the WTO and G20 and new mechanisms such as the Belt and Road Initiative and the BRICS.

China Eastern signed a capital increase agreement and shareholder document in Shanghai with Legend Holdings Corp, Global Logistic Properties Ltd, China Deppon Logistics Co Ltd and Chinese real estate developer Greenland Holdings Corp.

China Daily, AP

China Craftsmanship is a startup that employs more than 8,000 embroidery workers from rural areas in China. The seamstresses, who use traditional techniques passed down through generations, create modern fashion items that are sold in high-end arts and crafts shops. The company wishes to partner with international fashion brands and bring the business model to other countries.