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China remains an important market with valuable business opportunities for companies, despite uncertainty due to the ongoing US-China trade dispute, according to the Business Confidence Survey.

China to strengthen robotics industry and accelerate use of smart machines The nation will ramp up resources to strengthen international cooperation as it strives to build a globally competitive robotics industry and accelerate the use of smart machines in manufacturing, healthcare and other sectors.

China will continue to lead growth in the global luxury goods market, with the boom in the online luxury retail industry especially in lower-tier cities due to growing demand from tech-savvy consumers who tend to pursue exquisite and high-end lifestyles, industry analysts and insiders said.

China took part in the consultations on extending the mandate of UNAMA and proposed revisions.

China will conduct equity diversification at the group level in selected centrally administered State-owned enterprises and advance mixed ownership reform for SOEs in sectors that are fully competitive this year, the head of a top regulator said.