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Chinese excavator manufacturers are expected to see a 50 percent year-on-year jump in sales to 120,000 units by 2017, despite the low stocks available due to the quiet market in the past five years, officials said on Wednesday.

Chinese lawmakers voted on Thursday to adopt the country's Civil Code at the third session of the 13th National People's Congress, the top legislature, and the Civil Code will take effect on Jan 1, 2021.

Chinese Vice-Premier Liu Yandong (left) and Susan Thornton, US Acting Assistant Secretary of State for East Asian and Pacific Affairs, meet at a reception at the Chinese Embassy in Washington, Sept 27, 2017. [Photo by Zhao Huanxin/chinadaily.com.cn]

Chinese companies enhanced cooperation with countries participating in the Belt and Road Initiative during the first nine months, adding a total of .04 billion of new investment in 56 countries in the initiative, accounting for 12.4 percent of the total ODI.

Chinese regulators are continuing to make it easy for foreign participants to thrive in China's panda bond market. This approach is helping both investors and issuers.