President Xi Jinping said on Thursday that the Asia-Pacific region is no one's backyard and should not become an arena for big power contests, and he called for advancing regional economic integration and building an Asia-Pacific community with a shared future.
The third-quarter monetary policy report, released by the People's Bank of China on Wednesday, cautioned against any potential rise in inflationary pressure going forward, although there has been a recent deceleration in price growth.
China's value-added industrial output, an important economic indicator, went up 5 percent year-on-year in October, 0.2 percentage points more than that in the third quarter, the data showed.
The continuous opening-up of China's service sector has boosted the global economic recovery.
China is channeling more financial support to infrastructure construction amid national efforts to catalyze domestic demand and sustain economic recovery.