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It is unlikely for a country to win respect if it has no courage to face up to history, and it is unlikely for a country to find a way out if it persists in viewing its neighbors as strategic rivals, Wang said.

It is important to seize the present opportunity to push forward in developing an East Asia economic community to make it a regional growth driver for the world economy, especially when the global economy is still in a sluggish recovery mode and trade protectionism is on the rise across the world, Li said.

It may be small, but Ningxia is fast becoming a big name in the world of wine. Watch the latest Good Luck China episode as we track the region's path to prosperity on a journey from grape to glass!

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It is the country's first defense-related industrial enterprise supervised by the central government to restructure its finances via such swaps.

It is possible that the Chinese monetary authority could follow the next Fed move or rate cut, if any, later this year in order to join the global monetary easing cycle, Ming said.

It is a tradition for Chongqing people to eat hotpot before leaving the city or soon after arriving home.

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It is believed that the salvage, excavation and protection of the Nanhai No 1 form an epitome of the rapid development of China's underwater archaeology over the past 30 years.

It put the ride-hailing operator in the same boat with Airbnb, which found itself stuck in an uphill and protracted battle with a new amendment bill against illegal short-term rentals and unauthorized guesthouses that was tabled in the city's legislature for its first and second readings by the Home Affairs Bureau last month.

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It is hence unsurprising that both companies have now decided to shed their once lucrative Chinese assets at a similar timing, leaving people wondering whether their dominance over the past two decades has inevitably faded.

It said Chinese leaders adopted the Doing Business indicators as a core component of the country's reform strategies. The use of Doing Business as a benchmark aligns with the central government's ambition to improve the competitiveness of the Chinese economy, it added.