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“China’s development and progress would not have been possible without reform and opening-up.”

Pressures from the U.S. politicians are inevitable, which will make the yuan appreciate as much as 5 percent over the next 12 months.

Currently, there are thousands of multinational investment rules globally, which still dissatisfy cross-border investors.

Economic growth among the Group of Seven countries is expected to be 1.5 percent on an annualized basis in the second half of the year, compared with a previous estimate of around 1.75 percent in the OECD’s May Economic Outlook.

Trade volume between China and Africa hit 61.2 billion U.S. dollars in the first six months this year, marking a year-on-year increase of 65 percent.

China is likely to record a lower trade surplus of 120 billion U.S. dollars this year as the country is promoting domestic demand after the global crisis.

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