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China's decision in 2017 to further open up its financial sector to foreign investors and to slash tariffs on the imports of a wide range of consumer goods; its holding of the Belt and Road Forum for International Cooperation in Beijing last May; its push for bilateral and multilateral free trade arrangements; and its support for global agreements and organizations such as the Paris climate accord and the United Nations are proof of Xi's pledges at Davos.

China's effort to reduce the corporate tax burden has played a positive role in boosting economic growth, experts said on Wednesday, calling on the government to further deepen tax reform to cushion the potential impact of US President Donald Trump's proposal for massive corporate tax cuts.

China's domestic beef market has a 10 percent demand gap that needs to be fulfilled by imported suppliers.

China's goal of boosting its nuclear technology sector took a major step forward on Wednesday, with the creation of three significant new companies in the United Kingdom by China General Nuclear Power Corp.

China's imports of liquefied natural gas surged sharply in November as the nation experienced fuel shortages amid peak winter demand and the government's drive to cut coal use.