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"China has abundant gold mine reserves. By the end of 2017, China's proven reserves topped 13,195.6 tons, up 8.45 percent year-on-year," said Zhang Yongtao, vice-chairman of the China Gold Association. "China is also the world's leading gold manufacturer, with output topping the world's chart for 11 years in a row.

"China has a promising future with its growing power in the international society, and it gives young people more opportunities, which I believe will attract lots of job seekers abroad," he said.

"China grew revenues 30 percent in Q1, with the strategic acquisition of East China positioning us to accelerate our growth in the key China market,"?Kevin Johnson, president and CEO, said in a statement on Thursday.

"China Region and Asia Region have been split in view of the importance of the China market and the Asia markets, respectively," the carmaker said.

"By cooperating with Chinese companies, overseas steelmakers can gain more share in the country's steel market, which is the largest in the world," Xu said, adding Chinese companies can cooperate with foreign steel giants on advanced technologies to improve the competitiveness of their products.