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Citing the smart city forums jointly organized by Europe and China as an example, Raffarin suggested that "all the strengths of our traditional cooperation can be mobilized for (the) BRI."

Chocolate products in their stores are often priced in a range between 10 yuan (.45) and 25 yuan, with those priced between 10 and 15 yuan usually selling the best.

Christopher J. Nassetta, president and CEO, told China Daily that China is one of its largest markets outside of the United States and its business will be tripled if they meet the development goal. So far the Chinese market takes up about 4.5 percent of its global revenue, half of what comes from the Asia-Pacific region. Nassetta said they expect to raise China's contribution to 10 to 15 percent by 2025 through developments including loyalty programs, digital technology and services.

Ciobo considered private business a key driver of growth and would like to strengthen engagement with China on regional trade and infrastructure development projects, which could generate economic growth and employment. He also named a few projects that have potential to benefit from the Belt and Road Initiative.

Claiming that Washington had failed to notify the WTO Committee on Safeguards about its decision to apply safeguard measures, the EU requested consultations with the United States under the Agreement on Safeguards, which sets forth the rules for applying safeguard measures.