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The central government's general public budget revenue was about 8.55 trillion yuan (1.24 trillion U.S. dollars), while the general public budget expenditure was about 10.2 trillion yuan, accounting for 100.1 percent and 99.1 percent of the budget respectively, Liu said.

"We always welcome foreign enterprises to invest in China and launch mutually beneficial cooperation, and we are committed to providing foreign investors with a fairer, more transparent, stable and predictable investment environment," Lu said.

While China stands firm to safeguard its legitimate rights and interests in dealing with the current trade friction, it also remains committed to solving the disputes through negotiation and consultation based on mutual respect, equality and mutual benefits, he said.

"Now with a smartphone, a consumer could easily buy goods from across the globe," he said, referring to China's cross-border e-commerce boom. "So if is just for the purpose of shopping, why take the trouble of traveling to the Chung Ying Street?"

Echoing Wang's comments, Maas said Germany is willing to strengthen strategic communication and cooperation on multilateral issues with China, as well as to jointly tackle global challenges, safeguard multilateralism and international order, promote the liberalization of international trade.