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Chinese companies have invested more in the UK in the past five years than they did in the previous 30 years. Now the accumulated investment from China totals more than billion. According to UK statistics, British export to China reached .47 billion in 2018, increasing by 30.1% year on year, much higher than the UK's GDP growth.

Chinese monetary authorities will take broader measures to further lower lending rates for the nonfinancial sectors, even if it means sacrificing part of commercial banks' profits, to reduce the impact of the outbreak and accelerate the resumption of production, Sun Guofeng, head of the central bank's monetary policy department, said on Sunday.

Chinese businessmen share the same adventurous entrepreneurial spirit as their US counterparts, said Xu.

Chinese appetite for beef has climbed due to its expanding middle class. In 2003, its imports totaled just million, or 12,000 tons, including million from the United States, according to the USDA.

Chinese high-tech businesses, such as ZTE and Huawei Technologies, are also keen to join the park, Ren said, adding that tax exemptions will be offered to companies for the first 10 years, and 50 percent tax breaks for a further 10 years.