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As China's interest rate system becomes more complicated, due to the so-called "liberalization reform", Sun Guofeng, head of the monetary policy department of the PBOC, clarified on Thursday what "cutting interest rates "means in the reformed system.

Argentina crashed out of the World Cup, but the face of Lionel Messi will still be featured on Chinese TV screens during the championships than the face of any other player.

As China aims to advance its Healthy China 2030 initiative and explores how to approach the transition from a model focused on disease treatment to one more aligned with a vision for holistic healthcare, the biopharmaceutical industry can play an important and supportive role, he said, adding scientific innovation brings about better prediction of disease risks, and the biopharmaceutical industry is driving toward preventing diseases with innovative new medicines.

Argentina's exports of primary goods to China have allowed the South American country to maintain a positive trade balance when the COVID-19 pandemic has depressed economies around the globe, according to ECLAC Executive Secretary Alicia Barcena.