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China has become the world's second largest investor in R&D, with 1.57 trillion yuan (nearly 0 billion) poured in the area last year, accounting for more than 20 percent of the world's total. Its R&D-to-GDP ratio was 2.11 percent, generally at the same level with that of European countries.
China has established its highest military award, the Order of August 1. The selection process for the first group of winners has begun.
China has long stated that it does not want a trade war and won't fire the first shot because no one will emerge as a winner in a trade war. Once the trade war breaks out, China and the US and people of the entire world stand to be the biggest losers.
China continues to enact structural reforms prudently, sustainably and consistently.
China has been an exception to the Olson trap. Following intense study, consultation, and regional tests, China's government has been able to implement policy reforms that have enabled the process of economic upgrading. The Fourth Plenum's push for strengthened and formalized rule of law is the next essential step in the long process of economic growth and institution building.
来源：资阳报