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China has suggested reducing control over fluctuations of the yuan's exchange rate, stepping up efforts to allow the yuan to float freely against other currencies, according to a report by a leading think tank on Saturday.
China is currently India's largest trading partner, with total trade output registering 89.71 billion U.S. dollars in 2017-18.

China hopes that Australia will correctly understand China's development path and strategic intentions, and strive to eliminate the "mutual trust deficit", he said.
China highly values Cambodia's contribution to the development of the LMC mechanism and is willing to build an economic development zone in the Lancang-Mekong region and promote the establishment of a community of shared future with related countries, the ambassador said.
China is moving toward an economy focused on consumer spending, innovation and services, reducing reliance on investment and exports of low value-added goods, and boosted by strengthened innovation and research.
来源:资阳报