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China, as a very huge market, is willing to further open up and will give opportunities to LNG suppliers around the globe, he said, adding that Australia is an important source of LNG for China, and the two sides have a large amount of trade with great potential.

China's stable economic development — its GDP growth in 2017 was around 6.9 percent — was the fundamental backup for the higher growth rate of tax revenue, which rebounded after a three-year slowdown, and it is "better than expected", said Shi Zhengwen, director of the Center for Research in Fiscal and Tax Law at China University of Political Science and Law.

China's plan to develop a special economic zone－the Xiongan New Area－near Beijing has fueled a stock market frenzy all right, but analysts remain skeptical such optimism would create a sustainable bull market.

China, the hosting country of the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP 15), and the convention's secretariat on Thursday jointly unveiled the logo for the United Nations gathering.

China's role in the AI sphere is also comforting to Walsh, who said that he feels worried that the benefits of the rapid advancements in technology that will be made will potentially be too isolated as they are often "winner take all markets" driven by the network effects of the technology.