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The Chinese foreign exchange reserve is expected to remain generally stable in 2019, due to the sound economic growth momentum in the long run. [Photo/VCG]

The Caixin/Markit PMI for manufacturing activity, released on Wednesday, stood at 49.7, compared with 50.2 in November, the first time it has slipped into contraction territory since May 2017.

The China Banking and Insurance Regulatory Commission has been paying close attention to the case and asked Bank of China to negotiate with clients on an equal footing and solve the problem according to laws and regulations, an official of the commission told Financial News.

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The China Charity Alliance has issued a set of rules to strengthen the regulation of charity organizations nationwide.

The China express-delivery index stood at 107.2 percent in July, up 0.1 percentage points from June, according to the federation.

The Chinese mainland does not need Taiwan's permission to open new flight routes to help ease airspace congestion over the Taiwan Straits, an official said on Wednesday, after Taiwan demanded an immediate halt to the new routes.

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The Chinese automaker is now busy studying North America market and consumers, in efforts to determine products and brands to be sold and the operation mode in North America.

The Chinese diplomat Yu Benlin delivered a statement at the WTO, outlining China's concerns regarding the US Section 301 conclusions on China's alleged violations of intellectual property rights and proposed measures, including imposing additional tariffs on Chinese imports.

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The Chinese envoy noted that the history and reality of friendly cooperation between China and Africa has demonstrated that the Chinese side never makes empty promises or commitments on Africa's development, never imposes its own will on Africa and never pursues political self-interest.

The China-UK "Golden Era" has been shifted to a higher gear, promising wider, higher and deeper cooperation that benefits both sides. As socialism with Chinese characteristics enters a new era, China has accelerated and expanded its opening up. As Britain leaves the EU, it aims to build a "global Britain" and seeks to acclerate the building of a new global network of trade relations. On the Belt and Road Initiative, the UK sees itself as a "natural partner" of China, and China-UK cooperation on the BRI is thriving. All these are opportunities that will open up new prospects and give new impetus to local government cooperation between our two countries and take it to a new level.