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China is continuing to take big steps to open up its economy, benefiting both China and its trading partners. The phase-one agreement is part of the more general reform and opening-up policy, which has transformed China and provided a very good market for foreign companies.

China is a very important market for Swiss exports and investment, attracting large numbers of Swiss small-and medium-sized companies eager to expand their businesses and seek cooperation opportunities, a senior Swiss diplomat said.

China hopes newly elected Brazilian President Jair Bolsonaro will foster new progress in the country’s national construction and deepen bilateral cooperation for the benefit of people in both countries, as the right-wing politician of the Social Liberal Party won the nation’s presidential election on Sunday.

China is the largest beer market in the world. In 2015, Chinese drinkers guzzled 54 billion liters – more than double that of the United States, the second-biggest market, according to the UK Department for Environment, Food & Rural Affairs.

China imported 7 million of aquatic products from the US in 2017, up 21.28 percent year-on-year, data from the China Society of Fisheries showed.