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Xi said that China attaches great importance to developing the comprehensive strategic partnership between the two countries and regards Saudi Arabia as an important cooperation partner in promoting the joint construction of the Belt and Road Initiative (BRI).
The initiative also seeks to build a bridge between China and Britain through charity, encouraging British-Chinese companies to contribute to the public welfare in both countries.
China has implemented a slew of measures to cut the value-added tax (VAT) rates to bolster the real economy, making sure that tax burdens on all industries will only go down, not up.
The conference is expected to reach rich and concrete results, such as a series of bilateral and multi-lateral initiatives and agreements, and the results of projects and research will also be announced during the conference, Xu said at the press conference.
Chen said the trade war provoked by the United States is ineffective. The United States wanted to fix the problem of trade deficit but its trade deficits to China, European Union and other economies rose rather than fell. In addition, the corresponding industry chain restructuring did not benefit the U.S. either. Auto makers Tesla and Ford are moving to the Chinese market instead.
来源：资阳报