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China will avoid taking the property sector as a short-term stimulus to the economy, stick to the principle of adopting city-specific policies, and tailoring housing regulations for different cities, Han said.
China welcomes high-quality, competitive US products in the Chinese market, the ministry said, reiterating the economies of the two sides are highly complementary, and bilateral trade has vast potential to improve.
China plans to further promote its opening-up this year by granting more access to foreign investors in a number of sectors and eliminating joint-venture requirements, according to the nation's top economic regulator
China started imposing 15 percent additional tariffs on a total of 128 US products, including wine, on the weekend in a retaliatory action against Trump administration's planned tariff on China's steel and aluminum.
China successfully hosted the Belt and Road forum for International Cooperation in Beijing this past May. Based on the principle of extensive consultation, joint efforts and shared benefits, the forum achieved fruitful results on policy consultation, infrastructure connectivity, trade promotion, financial cooperation and people-to-people exchanges, and injected new momentum to promote interconnected growth and facilitate common prosperity. The international organizations participating in the Roundtable welcome and support the Belt and Road Initiative which could help promote economic globalization, strengthen regional interconnection and deepen international cooperation, and are willing to join together with China and countries involved in the Belt and Road to push the initiative.
