China to continue supporting Venezuela’s economic, social development: FM

China remains committed to supporting Venezuela in safeguarding its national sovereignty and contributing to its economic and social development, Chinese Foreign Minister Wang Yi said on Monday.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting with his Venezuelan counterpart Yvan Gil in New York City on the sidelines of the UN Summit of the Future.

The Chinese foreign minister extended President Xi Jinping's warm greetings to Venezuela's President Nicolas Maduro and congratulations on his re-election.

Wang said he believes that under the leadership of President Maduro, the Venezuelan people will work in solidarity to overcome challenges and make new accomplishments in the cause of national development.

Noting that China and Venezuela are good friends and partners, he said no matter how the international landscape evolves, China will, as always, support Venezuela in safeguarding its national sovereignty and defending its national dignity and aid its economic and social development.

During President Maduro's state visit to China last September, the two presidents announced the elevation of the China-Venezuela relationship to an all-weather strategic partnership, marking a milestone in bilateral ties and heralding a broader development prospect for the relationship, Wang said.

The two sides should consolidate and develop well the all-weather friendship, continue to firmly support each other on issues concerning each other's core interests and major concerns, and translate the important consensus reached between the two heads of state into concrete actions, he stressed.

Gil also conveyed President Maduro's sincere greetings to President Xi.

Following the elevation of bilateral relations to an all-weather strategic partnership in 2023, the two countries celebrate the 50th anniversary of the establishment of diplomatic ties this year, Gil said, stressing that the Venezuela-China relationship is now at its best in history.

As China's most reliable and firm strategic partner, Venezuela is committed to pursuing new and greater progress in bilateral relations to deliver more benefits to people of both countries, he said.

China to continue supporting Venezuela’s economic, social development: FM

China to continue supporting Venezuela’s economic, social development: FM

China to continue supporting Venezuela’s economic, social development: FM

China's warehouse storage sector maintained expansion in March, according to the index released by the China Federation of Logistics and Purchasing (CFLP) on Thursday.

In March, China's warehousing index reached 50.8 percent, rising by 0.6 percentage points from the previous month and remaining in the expansion zone for the fifth consecutive month.

Driven by policies aimed at promoting consumption, demand for warehousing services continued to grow steadily, with the consumer goods market performing particularly well. Warehousing demand for food, household appliances, textiles, and daily necessities surged, leading to a significant rise in the new order index.

"The warehouse storage sector has remained in the expansion range for five consecutive months, reflecting the overall stability of the warehousing sector. The demand for warehousing in the livelihood consumption sector continues to strengthen, boosting activity across the entire warehousing sector," said Liu Yuhang, director of the China Logistics Information Center.

In terms of inventory levels, the average inventory turnover index reached 54.5 percent in March, an increase of 8.2 percentage points from the previous month, entering the expansion range. Overall, in the first quarter, the warehousing sector continued to expand, business demand maintained steady growth, and the industry operated smoothly and efficiently.

China's warehousing storage sector maintains expansion in March