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China imposed the tariff on US goods such as agricultural, automotive and aquatic products immediately after the administration of US President Donald Trump announced on Friday tariffs on billion worth of Chinese goods. Beijing's quick reaction is an unequivocal manifestation of its determination to safeguard its legitimate interests and fight protectionism.
China has put great effort into developing its technology and the country's many research institutions have recently bred several fruitful, innovative products.
China is the largest trading partner of Cambodia, Myanmar, Vietnam and Thailand and the second largest of Laos. Bilateral trade between China and the five riparian countries totaled 220 billion dollars in 2017, up 16 percent year on year.
China is opening more industries to foreign investors with the release of new shortened negative lists, as part of the country's effort to spur the coronavirus-hit economy and create more opportunities for foreign investors, said the country's top economic regulator.
China is already taking steps, and making large investments, to apply these principles to its cities.
来源：资阳报