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China played an important role in Valeo's business due to the rapid development of new energy cars and self-driving vehicles in the country.

China may encourage investment in advanced manufacturing, such as aerospace, semiconductor, integrated circuits, and rail transportation equipment, to cushion falling growth of general manufacturing.

China may achieve positive economic growth this year despite the impact of the novel coronavirus pandemic, and still has ample policy room to keep the world's second-largest economy on a steady track of growth, Premier Li Keqiang said on Thursday.

China started to impose anti-dumping duties on imported alloy-steel seamless pipes for high temperature and pressure from the United States and the European Union in 2014. In June last year, the commerce ministry adjusted anti-dumping duty rates for producers of such products from these regions.

China should establish a virtuous relationship between economic online platforms and service providers using them, as the number of latter has reached 70 million and is expected to grow to more than 100 million in 2025, experts told the Beijing News on Monday.