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China has vowed to further promote fair market competition as part of the deepening reform and opening-up efforts to improve its socialist market economy in the 14th Five-Year Plan (2021-25) period, according to a communique of the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China, which was held from Oct 26 to 29.

China is the closest partner of cooperation for ASEAN, and Malaysia welcomes and hopes that China will continue to play an important role for regional peace and stability as well as common development, he said.

China is a fast growing winter sports market in the world, with the market size expected to reach 800 billion yuan (7 billion) by 2022, and will realize a target of 1 trillion yuan by 2025, said Li Yingchuan, deputy head of the General Administration of Sport of China, at the World Winter Sports (Beijing) Expo 2020.

China is leading the way to major breakthroughs in the global e-mobility market, and Volkswagen hopes to transform the future of transportation together with its Chinese partners, said Jochem Heizmann, CEO of Volkswagen Group China.

China is fully committed to its values of engagement: playing a just, impartial and positive role to help Africa build up its own peacekeeping capacity; addressing root causes as well as symptoms of major challenges; and pursuing win-win cooperation.