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China's reset to a more human and sustainable development model - characterized by a "people-oriented" focus - as expressed in the China National Human Development Report to be released in December, will help spread its successful experience to more developing countries, according to United Nations Resident Coordinator Nicholas Rosellini.

China's top luxury car brand, Red Flag (also known as Hongqi), launched pre-sales for its customizable L5 series Dec 11, becoming China's first luxury car brand to offer personalized services.

China's securities regulator said on Friday that it will allow domestic and overseas companies to issue bonds in the onshore stock exchanges to finance projects related with the Belt and Road Initiative.

China's top leaders have reiterated the nation's willingness and commitment to open even wider its door for imports and foreign investment, said Luo, adding that Premier Li Keqiang announced at the recent annual session of the 13th National People's Congress that China will fully open the manufacturing sector to international competitors and cut tariffs on imported goods, including cancer drugs.

China's securities regulator said on Friday it had approved the launch of hog futures by the Dalian Commodity Exchange (DCE) in a long awaited move for the world's top pork producer.