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"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.

Strengthening intellectual property protection across the board was clearly set out in the Government Work Report this year.

At the same time, the upper shareholding limits for foreign investors in domestic insurers will be allowed to exceed 25 percent.

BEIJING, July 4 (Xinhua) -- Because the Sino-U.S. economic and trade frictions were triggered by the U.S. imposition of additional tariffs on Chinese goods, all those tariffs must be lifted if the two countries could reach an agreement, the Ministry of Commerce (MOC) said Thursday.

"We put red flags on the map to show our steps in promoting hybrid rice in Africa in recent years, which have covered nearly 20 countries in southeastern, western and northern parts of the continent," said Yao Zhenqiu, LPHT's deputy general manager.