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China has always proposed that the Security Council of the United Nations needs to consider modifying sanctions based on the positive development of the Korean Peninsula situation, Lu said.

China emerged as the largest global FDI recipient, with an increase of 6 percent, followed by the UK, lifting inflows to billion, and the United States, billion.

China has long called on the US to loosen and lift its restrictions on US high-tech exports to China. The US has not only failed to address this but moved in the opposite direction with more discriminatory policies against China, both in trade and investment.

China has now turned to the task of resuscitating its economy and is recovering steadily. According to the NBS, China's manufacturing purchasing managers' index has increased into positive growth, rising from 35.7 in February to 52 in March. The non-manufacturing index rose from 29.6 to 52.3 in the same period.

China has become the world's largest sales market for BMW, which sold more than 720,000 cars in 2019.