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China is stepping in to stabilize economic growth by pushing the fiscal policy "more proactive", which is required to coordinate with a prudent but more flexible monetary policy, according to a series of high-level government meetings during the last two weeks.

China has the world's largest network of charging facilities for NEVs, with one million charging poles installed by the end of June.

China is a vibrant market on this front, and is one of the leading countries in the world when it comes to adopting digitalization and technological innovation, especially on a large scale.

China has very tight policies on approval of GMO products that can be sold for consumption. Most approved GMO products available on the domestic market are imported, Wang said.

China has vowed to further upgrade the freight train service. It announced an investment of 200 million yuan (.2 million) in early July for building train depots in five key logistics hubs of the train service, including Urumqi, Chongqing and Zhengzhou.