Hi, here's what you should know about China for the last 24 hours.
BEIJING -- China proposed to launch a tripartite dialogue mechanism with Palestine and Israel to advance major projects to assist the Palestinian side, Chinese President Xi Jinping said on Tuesday.
China regards both Palestine and Israel as important partners under the Belt and Road Initiative, Xi said in talks with visiting Palestinian President Mahmoud Abbas.
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WASHINGTON -- Chinese Vice Premier Wang Yang said on Tuesday that economic cooperation between China and the United States holds out a promising future thanks to China's long-term economic development trend and market potential.
"Cooperation is the only right choice for our two countries. The giant ship of China-U.S. economic and trade relations is sailing on the right course," Wang said at a China-U.S. business luncheon ahead of the first China-U.S. Comprehensive Economic Dialogue, which is slated for Wednesday.
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WASHINGTON -- China has taken a variety of effective measures to provide a favorable environment for foreign investors, Chinese Vice Premier Wang Yang said here Tuesday.
In a speech to U.S. and Chinese business leaders at a luncheon, Wang said China has set about allowing broader market access and a greater opening of its services sector.
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WASHINGTON -- China increased its holding of U.S. Treasury securities for the fourth consecutive month in May, the latest data from the U.S. Treasury Department showed on Tuesday.
China added its treasuries holding by 10 billion U.S. dollars in May, with the total holding up to 1.1022 trillion dollars.
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WASHINGTON -- Chinese companies accelerated their takeover efforts in the overseas auto industry in the first half of 2017, aiming for a bigger role in international auto markets, Wall Street Journal reported on Tuesday.
Chinese companies made eight overseas deals totaling more than 5.5 billion U.S. dollars in the first half of this year, compared with nine investments for all of last year, said the report. Enditem
