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As a countermeasure against the US unilateral move to slap massive tariffs on Chinese imports, China in early April suspended tariff concessions on 128 items of US products and started to impose a tariff of 15 percent on 120 items, including ginseng.

As economic fundamentals remain robust, experts said the temporary CPI decline will have no major impact on monetary policy, nor on foreign businesses' confidence in the Chinese economy.

As a keynote speaker at the event organized by the Chamber of Greek-Chinese Economic Cooperation under the theme "The New Roads of Silk and Europe", the Chinese ambassador presented the Chinese cooperation perspective between countries along the ancient Silk Road in the context of the BRI, which aims to facilitate contacts and generate shared prosperity.

As an embodiment of deep mutual trust between the two sides, China supports Peru in arranging China National Pharmaceutical Group Corporation (Sinopharm) to carry out phase-3 clinical trials of the COVID-19 vaccine in the country and fully understands Peru's needs for vaccine procurement, he said.

As facts have proven, under the strategic guidance of the two heads of state, the China-Russia comprehensive strategic partnership of coordination in a new era stands stable, solid and resilient, he said.