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China is extending subsidies on new energy vehicles to 2022, with the stimuli for this year a mild drop of 10 percent from 2019, which is expected to alleviate the COVID-19 pandemic's impact on car sales and fuel the budding sector's development.

China has worked to improve the investment environment along the Belt and Road. By 2016, China had investment agreements with 53 countries and agreements to avoid double taxation with 54 countries.

China is developing new bullet trains with a speed up to 400 kph, and is also researching the next generation magnetic-levitation train with a top speed of 600 kph, said Ding Rongjun, an academician of the Chinese Academy of Engineering, adding that automatic and unmanned drive technology will be used in the future.

China is the largest gaming market in the world, with a thriving esports industry expected to bring in about 0 million of revenue in 2019, according to market research firm Newzoo. This propels the rapid growth of gaming phones.

China is such a huge market in such a developing market, everyone around the world in the trading sense is looking to play a part, said Robb.