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China has taken measures to boost the private sector as it strengthens efforts to cut leverage levels to further reduce risks to the economy, especially the heavily indebted State sector.
China is the largest buyer of cattle hides with imports of more than 1 million in 2017. More than 50 percent of the cattle hides that the US produces goes to China each year.
China is the largest source of foreign investment in Nepal while the country recorded economic growth of 6.5 percent last year and the World Bank has predicted the growth rate to reach 7.5 percent this year.
China is committed to building an open economy at a higher level. We will further ease restrictions on market access, shorten the negative list for foreign investment, and accelerate the opening of financial and other modern services sectors. To break new ground in opening-up, we will continue to improve the quality of pilot free trade zones and explore the development of free trade ports, to foster new highlights in our opening-up endeavors. We will take more active steps to lower tariffs and facilitate customs clearance to expand import of quality goods and services. The first China International Import Expo concluded a few days ago was an earnest initiative to open China’s market to the rest of the world and a solid step to support free trade. A total of 172 countries, regions and international organizations and more than 3,600 enterprises participated in the event, attracting more than 400,000 domestic and overseas buyers. The Expo saw booming sales and deals worth US.83 billion reached for intended purchase of goods and services within a year.
China is ready to further link the Belt and Road Initiative with the Eurasian Economic Union, Premier Li Keqiang said while meeting with Russian President Vladimir Putin on Wednesday in Moscow.
来源：资阳报