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As unilateralism and protectionism are posing major threats to the international order in today's world, "China has never been and will never be an onlooker," said Wang Yi, China's state councilor and foreign minister on Friday in his speech at the General Debate of the 74th session of the UN General Assembly.

As the world's second-largest economy, the country has a huge domestic demand potential with 1.4 billion people, 1 billion smartphone users and a middle-income group of 400 million. China's digital economy stimulates new domestic consumption demand such as 5G network construction along with the two-thirds of the world's high-speed rail transportation.

As the market economy replaced the planned economy in the 1980s and 1990s, the village population was quickly hollowed out as young people moved to nearby counties and cities. By 2005, when Yue reached the retirement age of 60, only seven families with elderly members were left in the village.

As the industry collapsed, McCain was tagged as one of the Keating Five — five senators who, to varying degrees, were accused of trying to get regulators to ease up on Keating. McCain was cited for lesser involvement than the others by the Senate ethics committee, which faulted his "poor judgment."

As stepping up efforts to reform its gigantic pension system has become a must-do for China with its aging population, foreign financial institutions are eagerly getting themselves ready to take a seat at the table.