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"Chinese banks should ensure that foreign investors can freely remit yuan-denominated returns from profits and stock dividends," it said. The move will encourage foreigners to use the Chinese currency for direct investments into the country, it said.

"Chinese tourists now expect the ease and simplicity of instant mobile payments. If European merchants can adapt to this, they will reap the benefits of having more Chinese customers as well as revenue," he said. "We are excited to see thousands of merchants accepting Alipay around Europe today and we expect continued strong growth in 2019."

"China's growth prospects, which stand out among major economies, relatively higher interest rate levels and the yuan's prospects for long-term stability are expected to amplify the country's allure to foreign investment in the next five to 10 years," Wang said on the sidelines of the annual conference of the China International Finance Society on Friday.

"Compared with livestreaming e-commerce, the threshold of information and knowledge-based livestreaming is relatively high, so the programs launched by Baidu to cultivate and support high-quality content creators are of great significance," Ma said.

"China's own domestic waste production is increasing," said Meadhbh Bolger, resource manager for Friends of the Earth Europe. "There's lots to develop in their own sectors. They have enough issues with their own domestic waste and increasing that capacity instead of dealing with our European exports as well."