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China has released a slew of measures to quicken the upgrading of the manufacturing industry to promote high-quality growth.

China is determined to roll out more policies to optimize the investment environment and tap investment potential of businesses in a bid to support the development of advanced manufacturing, according to the report.

China has reiterated the principle that "houses are for living in, not for speculation." While curbing housing speculation, the country will also implement city-specific policies in the sector, according to this year's government work report.

China is striving to push forward green development of transportation through conservation and intensive use of resources while promoting the use of standardized, low-carbon, and modern equipment and energy-saving means in the transport sector, noted the white paper.

China is the second-largest user of the Panama Canal after the United States. The Panama Canal Authority recorded a total of 44 million metric tons of cargo moved to and from China through the canal during the 2017 fiscal year, accounting for 18.3 percent of the canal's total flow of goods.