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The China-led Belt and Road Initiative serves as a constructive platform to help achieve common prosperity for regional economies and contributes to global development, World Bank President Jim Yong Kim said on Sunday.

The ChiNext index, which tracks the innovative, startup-heavy board in Shenzhen, rose for the eighth consecutive session by 3.99 percent to close at 2889.43 points, the highest level in more than four years and a half.

The Chinese government has been encouraging the partnership in the hope of introducing the excellent overseas educational resources to enhance its own academic and research levels, said Wu.

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The China Academy of Information and Communications Technology, a government think tank, said China is likely to spend 1.2 trillion yuan (3 billion) on 5G network construction, driving more than 3.5 trillion yuan of investment in the upstream and downstream industrial chain and other related sectors by 2025.

The Cannabis Legalization and Control Bill will not be introduced as legislation by the Labor government this term, he said.

The Chinese mainland and the Hong Kong Special Administrative Region jointly revised a 20-year-old legal assistance arrangement and issued it on Friday, in an effort to consolidate cooperation in resolving commercial disputes.

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The Changing Wealth of Nations 2018 found that global wealth grew an estimated 66 percent from 0 trillion in 1995 to ,143 trillion in 2014. But it said inequality was substantial, as wealth per capita in high-income OECD (Organization for Economic Co-operation and Development) countries was 52 times greater than in low-income countries.

The China Entry-Exit Inspection & Quarantine Association anti-pandemic industry branch is committed to serving member companies, which will help promote the industrial upgrading, innovate in products offering and business models and foster the high-quality development of the industry, said Wang Xin, president of China Entry-Exit Inspection & Quarantine Association.

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The Chinese government encourages competent domestic companies to cooperate in business in Zimbabwe and is willing to provide support and help to achieve win-win outcomes, Li said.

The China Association of Automobile Manufacturers forecast that China's automobile exports will be reduced by nearly 200,000 units this year, reaching a total of around 800,000 units.