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China is also starting to allow foreign capital to have majority shareholdings in publicly offered fund management companies.

China is ready to work with the EU to strengthen dialogue and coordination at bilateral, regional and global levels, promote and practise multilateralism, uphold the UN-centered international order and system, and tackle global challenges. China and the EU need to stand firmly against unilateralism and protectionism, push for a more open, inclusive and balanced economic globalization beneficial to all, and support the international community in formulating and improving fair, equitable and just international rules and standards to ensure that all parties engage in decision making as equals, enjoy their legitimate rights, and shoulder responsibilities and obligations commensurate with their levels of development.

China is pushing forward a new round of reform and opening-up as the country marks the 40th anniversary of its reform and opening-up this year, with a series of measures having already been rolled out, Xi said.

China is expected to overtake the United States as the world's largest aviation market by 2024. More opportunities will certainly emerge from the Chinese sky, Airbus aims to have 2,000 aircraft operating in China before the end of 2020 as demand continues to rise.

China is now the world's largest market for internet business, e-commerce, AI and new energy vehicles. These industries are the future trends. Now in China, and only in China, can people live cash free and credit card free. More than half of new energy passenger cars are sold in China. Many startup companies in China are innovating in manufacturing, technology development and new business models of Internet Plus businesses. And many Chinese brands are becoming world-renowned enterprises and blaze the trail for digitalized business. All these endeavors could be a reference for other countries.