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China is consistently one of the US largest export markets. Last fiscal year, US exports of agricultural and related products topped billion.

China has pre-approved a total of 2.29 trillion yuan (3 billion) worth of local government special bonds mainly to fund infrastructure projects and create demand. The market expects that the total quota of the year, which is to be unveiled at the upcoming annual gathering of the nation's top legislature, may reach 3.5 trillion yuan or more.

China has seen flood-related casualties this year so far almost halved from the average of the past five years, despite the wider impact of flooding on people's lives and economy, according to the Ministry of Emergency Management.

China is committed to promoting the internet's development with mutual trust and global governance, calling for international cooperation and communication in the digital economy, said Liu Liehong, deputy director of the Cyberspace Administration of China.

China is the world's largest EV market, with sales of new energy vehicles soaring 61.74 percent year on year to 1.26 million units in 2018.