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Chinese envoy calls for restraint over Korean Peninsula issue

China

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Chinese envoy calls for restraint over Korean Peninsula issue

2024-11-05 15:47 Last Updated At:16:07

A Chinese envoy on Monday called on all parties to exercise restraint on the Korean Peninsula issue, avoid the escalation of tensions, and work jointly to ease the situation as soon as possible.

Speaking at a United Nations Security Council meeting following the launch of an intercontinental ballistic missile by Democratic People's Republic of Korea (DPRK) on October 31, China's permanent representative to the United Nations Fu Cong noted the continued tensions on the Peninsula and increasing antagonism and confrontation serve no one's interests.

The Security Council should play a constructive role on the Korean Peninsula issue and take concrete measures to ease the situation and enhance mutual trust rather than imposing sanctions and exerting pressure, Fu said.

The relevant countries should take solid actions and put forth feasible plans for the political settlement of the issue, instead of using the Security Council to fuel antagonism.

"The Korean Peninsula issue is long-standing and complex. It's essentially a security issue stemming from the remnant of the Cold War, the absence of a peace mechanism, and the lack of mutual trust between the United States and the DPRK. The pressing priority for all parties is to act in a rational and practical manner, promote mutual trust, and create a favorable environment for the de-escalation of the situation," Fu said.

While claiming it seeks to safeguard the international nuclear non-proliferation system and denuclearize Korean Peninsula, the U.S. has constantly increased its strategic forces on the Peninsula, Fu said, urging the U.S. to stop such dangerous wrongdoings, cancel and abandon the relevant deployment, and help ease the situation and create conditions for the peacefully resolving the crisis through dialogue.

Chinese envoy calls for restraint over Korean Peninsula issue

Chinese envoy calls for restraint over Korean Peninsula issue

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Listed companies profitable on Shanghai, Shenzhen stock exchanges in Q1-3

2024-11-05 15:57 Last Updated At:16:07

More than three fourths of the companies listed on China's Shanghai and Shenzhen stock exchanges reported profits in the first three quarters of 2024, according to the data released by those companies.

According to the data, the 5,110 listed companies reported 52.5 trillion yuan (7.39 trillion U.S. dollars) in operating revenue and 4.4 trillion yuan (620 billion U.S. dollars) in net profits.

In the first three quarters, 55 percent of the listed companies saw a year-on-year increase in operating revenue, and 76 percent reported profits.

During the same period, the year-on-year profit growth rate of companies listed on the main board of the Shanghai Stock Exchange turned positive, shifting from a 0.1-percent-decline in the half-year report to a 3-percent-increase.

In terms of industry performance, 13 out of the 28 major sectors reported positive profit growth. Sectors such as agriculture, forestry, animal husbandry and fishery, electronics, social services, food and beverages, and automotive led the growth.

Listed companies profitable on Shanghai, Shenzhen stock exchanges in Q1-3

Listed companies profitable on Shanghai, Shenzhen stock exchanges in Q1-3

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