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China has set 2020 as the target to complete the building of a "moderately prosperous society," which requires the eradication of poverty.
China imported 151 million pounds of California almonds last year, making it the third-largest overseas market. The duty on US almonds in China has gone up from 10 percent to 50 percent now after two rounds of tariffs — in April and July.
China has surpassed the US in the number of emerging AI projects last year and accounted for over half of the total projects. However, in terms of global AI talents, China made up for only 5 percent, according to a Goldman Sachs report.
China is moving toward an economy boosted by consumer spending, innovation and services, reducing reliance on investment and exports of low value-added goods, all helped by stronger efforts in innovation and research.
China is the third largest LNG consumer. Due to its green energy goals, the demand for LNG in China continues to grow, he said, adding that US LNG exports to China present an ideal opportunity to reduce the bilateral trade imbalance.
来源：资阳报