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He said that China is cutting its steel capacity and "the problem is going to solve itself".

He said that the UN has made an outstanding contribution to the cause of peace and development of humankind, but that the UN's ideals have not yet been achieved and all countries need to continue their efforts.

He said China is expected to be the top origin market for Airbnb globally by 2020.

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He said China supports the DPRK and the parties concerned to resolve their respective concerns through dialogue and consultation, so as to improve their relations.

He pointed out the two main reasons for that. First, China was a huge market, and second, the Chinese government had recognized the importance of environmental protection.

He said by the end of May, there were 115 million business entities in the Chinese market. "The SMEs accounted for over 90 percent of them. Thus we realized that promoting the development of SMEs has a profound significance on the growth of the market economy," he said.

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He said he agreed in theory that if there were fast-track of court procedures, it would change the current situation as people, especially the young, would know that there is a price to pay for illegal acts.

He said 97 percent of US companies in China reported profits in a survey. The results were reported in the US-China Business Council annual member survey, completed in June on 100 US companies.

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He said that on Feb 2, the Russian Embassy in Washington received a note from the US State Department with official notification about leaving treaty.

He said that such stability through development and cooperation will be crucial for Europe's eastern neighborhood, China's immediate neighbors, and even for poor regions of Northwest China.