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China does not want nor need to depreciate its currency to gain export competitiveness, and the PBOC's moves to inject liquidity into the forex market aim to avoid irrational depreciation and market panic, Pan Gongsheng, head of SAFE, wrote in the latest edition of China Finance, a leading industry magazine managed by the central bank.

China has adopted a range of measures to manage debt risks and push forward reform in recent years, including introducing a new high-level committee on financial stability and development in July.

China has become a major player on the IP front in a matter of decades, thanks to its continued efforts to foster, protect and utilize IP.

China has made significant headway in rejuvenating its dairy sector, with the production of raw or unpasteurized milk from January to September rising by 5.2 percent year-on-year, the Ministry of Agriculture and Rural Affairs said on Wednesday.

China has been Thailand's largest trading partner for eight consecutive years, he said. Bilateral trade and economic growth between Thailand and China in the past 10 years have benefited from the China-ASEAN free trade area, which covers trade in goods and investment.