"Our objective is to achieve denuclearization of the Korean Peninsula, maintain peace and stability on the peninsula and seek negotiated solutions through dialogue and consultations."

Liu Jieyi, China's permanent representative to the UN, spoke at a news conference on July 31, marking the end of China's rotating term in July in the presidency of the Security Council.

"We have tightened the review of the authenticity and regulation compliance on overseas investment, hoping to guide more investment into the real economy and to reduce investment in sectors such as real estate, hotels, entertainment and sports."

Qian Keming, vice-minister of commerce, said that irrational outbound investment was effectively curbed in the first half of the year, as China's ODI dropped by 42.9 percent year-on-year to 331.1 billion yuan ($49 billion; 42 billion euros; ￡37 billion).

"We'll implement General Secretary Xi's requirements and decisions by the CPC Central Committee with solid determination and untiring energy."

Yang Longwen, Party chief of Dahua Yao autonomous county in the Guangxi Zhuang autonomous region. The grassroots officials said that the five years since the 18th CPC National Congress have seen extraordinary development.

(China Daily European Weekly 08/04/2017 page2)