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China overtakes Japan as the largest foreign owner of US treasury securities after increasing its holdings for the fifth straight month to .15 trillion as of the end of June this year.

China started to import solid waste as raw materials to make up for the domestic shortage of resources in the 1980s, but some companies have illegally smuggled "foreign garbage" into the country for profit, damaging the environment and public health.

China now has more than 7,500 registered charity organizations, with net assets totaling about 160 billion yuan, according to Jia Xiaojiu, head of the ministry's department for philanthropy and social work, at a press conference.

China will adjust import tariffs for a range of products, including frozen pork, starting from Jan 1, 2020, to promote high-quality trade development.

China is willing to work with Djibouti to speed up the implementation of the results of the Johannesburg Summit of the Forum on China-Africa Cooperation (FOCAC), jointly forge ahead with Belt and Road construction, and fully strengthen bilateral cooperation in all fields, said Xi.