Despite being hard hit by COVID-19, Asia's economies have recovered well compared to the rest of the world. However there remain challenges in maintaining sustainable development, according to two reports released by the Boao Forum for Asia (BFA) on Sunday.

Beijing and Washington should "avoid creating confrontation" as they roll out efforts at a working level to translate into reality the consensus reached at the recent high-level strategic dialogue in Anchorage, Alaska, a senior diplomat said.

China's top economic planner approved 16 fixed-asset investment (FAI) projects in the first quarter, with combined investment totaling 45.4 billion yuan (about 6.96 billion U.S. dollars), official data showed Monday.

China will overtake the United States to become the world's largest market for smart home devices by the end of 2024, according to an industrial report.

China and the United States have issued a joint statement on coping with climate change after talks in Shanghai.

As vaccination program rollout gained momentum in China, Chinese passport holders are able to travel to more destinations, according to a recent survey by international advisory firm Henley & Partners.

Aerial photo taken on April 18, 2021 shows moss pink flowers in full bloom on the bank of the Daheiting reservoir in Qianxi County, Tangshan, north China's Hebei Province. 

Two workers walk inside a smart greenhouse of a modern vegetable industrial park in Shule County, Kashgar, northwest China's Xinjiang Uygur Autonomous Region, on April 17, 2021. 

The first China-Europe freight train bound for Germany from Hebei Province set out on Saturday in Shijiazhuang. The train, loaded with 100 twenty-foot equivalent unit (TEU) of cargo, is expected to arrive in Hamburg in 18 days.

The rapid growth was the result of a low comparison base, combined with enhanced confidence in spending as well as the effect of pro-consumption measures.