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China has the world's leading system integration companies in mobile phones, 5G communications, security and other areas. They traditionally tend to cooperate with European and US suppliers. But as the US government moves to impose export controls on Chinese technology firms, they have begun to feel the urgency of working with domestic semiconductor companies, Huang said.

China is striving to push forward green development of transportation through conservation and intensive use of resources while promoting the use of standardized, low-carbon, and modern equipment and energy-saving means in the transport sector, noted the white paper.

China is accelerating the formation of a new pattern of comprehensive opening up, which will bring more opportunities to markets, investment, and growth, Sun said, welcoming Namibian enterprises to actively participate in import fairs and export more high-quality products to China.

China has seen inbound foreign investment grow rapidly since 1978 when the country began implementing its reform and opening-up policy.

China is the world's largest online shopping market, with about 467 million online consumers spending about 26.1 trillion yuan (.83 trillion) last year, up 19.8 percent year on year.