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China's ratio of R&D expenditures to business revenues was 2.27 percent during that period, which is quite high but still lower than many other major economies, he said in an interview. "It means there's still much room for China to further increase its R&D expenditures."
Chinese President Xi Jinping (R) holds talks with German Chancellor Angela Merkel in Berlin, July 5, 2017. [Photo/Xinhua]
China's top securities regulator has also vowed to deepen capital market reform to improve the quality of the listed companies and give foreign investors bigger market access.
China-Ghana relations have shown a sound momentum for all-round development in recent years, bringing tangible benefits to both peoples, Xi said.
China's used car sector has long been biding its time but is switching into the fast lane in the past year. The latest data from the China Auto Dealers Association showed that a total of 12 million used cars were sold last year, an increase of 19 percent year-on-year.
来源：资阳报