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China announced the Made in China 2025 policy a few years ago, intending to gain preeminence in 10 core high tech sectors by 2025. "This has created profound anxiety in the US, and this is the really source of the trade tensions," he said.
China has decided to roll out a number of supportive policies to reduce the operational costs of enterprises, increase investment in infrastructure to generate growth and improve people's livelihoods.
China became the company's second-largest market in terms of sales after the US four years ago, and its significance to the company is growing, Futter said. In 2016, China accounted for about 10 percent of Dow's global business.
China has made remarkable achievements in poverty alleviation by boosting employment. As of June 30, the number of poverty-stricken migrant laborers nationwide reached 28.3 million, which was 3.7 percent more than the total number of migrant workers last year.
China has achieved rapid economic growth over the past 40 years, thanks to its opening-up policy, Chi said, adding that high-quality economic growth in the future can be realized only through further opening-up.
来源：资阳报