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China's economy grew by 4.9 percent year-on-year in the third quarter. The country has been projected by major international organizations to be the only major economy to record growth this year. The International Monetary Fund forecast in its latest economic outlook that China's GDP will expand by 1.9 percent this year.

China's determination to achieve its goal of poverty elimination remains unwavering despite the impact of the novel coronavirus outbreak, according to Liu Yongfu, director of the State Council Leading Group Office of Poverty Alleviation and Development.

China's measures for further opening-up will have ramifications that "are as profound as" the country's opening of its trade policy regime and accession to the WTO two decades ago, Sourabh Gupta, a senior fellow at the Washington-based Institute for China-America Studies, said in a recent interview.

China's new energy vehicle market had maintained growth, with sales totaling 947,000 from January to October, up 10.1 percent. But their sales have fallen month-on-month since July due to subsidy cuts.

China's key innovation trends and challenges around sustainable urbanization, industrial upgrading and economic restructuring provide Honeywell with opportunities for developing and delivering innovative "connected" products, services and solutions. These will help address those challenges intelligently.