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As one of the biggest economies around the world, China contributes to the global economic growth very effectively and China's investment in other economies generates their economic activities, said Oded Eran, former director of the INSS, in an interview with Xinhua.

As part of his push to rebalance global trade in America's favor, the president is also negotiating changes to the North American Free Trade Agreement and is pressuring China to lower its barriers to American products. NAFTA negotiations are ongoing, while there are few signs of progress with Beijing.

As of the end of 2017, there were 1,013 units of overseas banks in China, increasing at an average annual growth rate of 13 percent over the last 15 years. Their total assets grew more than tenfold from 2001 to 3.2 trillion yuan (1 billion), according to the China Banking Association.

As part of its Changan Ford joint venture, the division is responsible for marketing, sales and servicing of all Ford-branded passenger vehicles sold in China. It is now integrating sales networks separately built by Changan Ford, JMC and Ford China for better efficiency and customer experience.

As many as 85.2 percent of China's higher education institutes had set up their own institutions to conduct research on ideological and political education as of the end of 2018, the Ministry of Education said.