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China is the Philippines' top trading partner in 2017 with a total bilateral trade valued at .82 billion. China also ranked fourth biggest export market for the Philippines last year and the Philippines' top import source.
China has taken the lead worldwide in digital technologies, which are set to transform and create 10 to 45 percent of industry revenues by 2030, according to the latest report released by the think tank McKinsey Global Institute (MGI).
China has sent nearly 6,000 medical workers from across the country to Hubei province in virus fight and has allocated 11.21 billion yuan (.6 billion) for epidemic prevention.
China is fully capable and confident in winning the battle against the epidemic caused by the novel coronavirus and has the confidence to minimize the impact on the economy, he said, adding the impact is temporary and will not change the economy’s long-term fundamentals.
China is the world's largest producer and exporter of cashmere, producing about 80 percent of the world's total, with 70 percent of domestic production exported, according to Tian. Welfare in goat raising and cashmere collection in China has been improving in recent years, he said.
来源：资阳报