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China will further promote the amendment and supporting legislative formulation of the Anti-monopoly Law (AML), lay down anti-monopoly guidance, and reinforce investigation and treatment of administrative monopoly cases, said Gan Lin, vice-minister of the State Administration for Market Regulation, on July 31. Government officials and experts from worldwide, and executives of Chinese and multinational companies in various industries welcomed the administration's decision for a better and fairer market.

China will firmly adhere to its reform and opening-up to share the benefits of development with the rest of the world, Li said. The Chinese market can be an equal playing field for domestic and foreign companies, he added.

China's animation industry has grown steadily in recent years, with the gross output value in 2017 reaching over 160 billion yuan ( billion).

China's 8,844 large food manufacturers reported 2.36 trillion yuan in combined revenue in 2016, up 8 percent year-on-year, according to the National Bureau of Statistics.

China will manage well the financial risks in projects related to the Belt and Road Initiative as the initiative is designed to benefit all parties involved, according to officials and financial experts.