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China is expected to become the largest energy storage market on a cumulative basis by 2023, surpassing the United States and leading the global market through to 2040, thanks to rising market demands and policy support, said a new report.

China is the company’s second-largest international market and the brewer said with the help of its distributor, it has made BrewDog one of the well-known and widely drunk craft beers in China.

China is getting fully prepared to reciprocate if the proposed US tariffs on billion Chinese exports go into effect on July 6.

China is a key anchor and engine of global economic growth. China's development has lent a strong momentum to global recovery and growth, contributing nearly 30 percent of world economic growth on average since 2002. Consumer spending and investment opportunities in China has created more jobs worldwide. Last year, China accounted for 10.2 percent of global imports and 12.8 percent of global exports, and was the leading trade partner of over 120 countries and regions. The Chinese government has been able to provide adequate food and clothing for its over 1.3 billion people and lifted over 700 million Chinese out of poverty according to current UN standards, which accounts for over 70 percent of poverty reduction worldwide. This is a very important contribution to the Millennium Development Goals and the Sustainable Development Goals.

China has pledged to push further ahead with the exploration and production of gas hydrate in the Shenhu area of the South China Sea, following its success in mining gas hydrate in the region.