Chinese president stresses ecological conservation on Qinghai-Tibet Plateau

Chinese President Xi Jinping has called for promoting ecological conservation and high-quality development on the Qinghai-Tibet Plateau.

President Xi made the remarks during his inspection tour of northwest China's Qinghai Province from Monday to Wednesday.

The trip took the Chinese president to the provincial capital Xining and the Haibei Tibetan Autonomous Prefecture.

China opposes U.S. bill to counter China's tech development

China's top legislature has expressed firm opposition to the passing of the United States Innovation and Competition Act of 2021 by the U.S. Senate.

The Foreign Affairs Committee of the National People's Congress accuses the bill of interfering in China's internal affairs and attempting to contain China's development in the name of "innovation and competition."

Meanwhile, the Chinese Foreign Ministry urges the U.S. to stop promoting the bill.

Foreign Ministry spokesperson Wang Wenbin says that the U.S. should not treat China as an imaginary enemy.

"We urge the United States to treat China's development and China-US relations rationally, stop promoting such bills and stop interfering in China's internal affairs."

Wang also reiterates China's commitment to peaceful development, saying China's goal of development is to improve itself and make the Chinese people live a happier and better life.

Over 800 million doses of COVID-19 vaccines administered in China

More than 800 million doses of COVID-19 vaccines have been administered in China as of Tuesday as the country steps up its inoculation drive.

The National Health Commission says at least 70 percent of the target population in China is expected to be vaccinated against COVID-19 by the end of this year.

Sri Lanka offers second shots using Chinese vaccine

In Sri Lanka, people will receive their second dose of China's Sinopharm vaccine this month. 

So far, 3.1 million doses of Chinese vaccine have reached Sri Lanka.

Coronavirus more likely to be product of nature than of lab: media

An article written by two U.S. virology researchers has said the novel coronavirus is "more likely to be a product of nature" than one of a laboratory.

The article in the Washington Post said that some renowned evolutionary virologists found in March 2020 that it was "overwhelmingly likely that this virus had never been manipulated in any laboratory".

The study also found that key elements of the virus did not appear engineered, and the furin cleavage site of the virus "has odd features that no human would design".

European companies pin high hopes on Chinese market: survey

A new survey says over two-thirds of European companies polled are optimistic about their future growth in China.

Nearly 600 member companies took part in the survey by the European Union Chamber of Commerce in China.

The survey also says after a rapid recovery from last year's pandemic, China has become a more important source of European economic growth and profit.

Hong Kong welcomes IMF report

Hong Kong authorities have welcomed a report of the International Monetary Fund that reaffirms the city's position as an international financial center.

The IMF points out rigorous stress tests have showed that Hong Kong's financial system remains resilient in extreme stress scenarios.

The report also says Hong Kong's macroeconomic and prudential policies have provided it with important buffers to cope with the current economic slowdown and future shocks.

China's CPI up 1.3 percent in May

China's consumer price index, a main gauge of inflation, rose 1.3 percent year on year in May.

Meanwhile, the producer price index, which measures industrial profitability, went up 9 percent year on year.

World Bank upgrades China's growth forecast to 8.5 percent in 2021

The World Bank is predicting the Chinese economy to grow by 8.5 percent in 2021.

The projection was made in the World Bank's latest Global Economic Prospects released on Tuesday.

The World Bank says China's ability to contain the pandemic quickly, its policy support, and the recent pickup in global trade have helped support China's strong recovery.

Great Wall castle remains discovered in Shaanxi

The remains of a Great Wall castle dating back to the Ming Dynasty have been discovered in northwest China.

The architectural remains were found at the site of Qingpingbao Castle in Shaanxi.

They include two courtyards.