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China is the world's top energy vehicle market, accounting for 55.3 percent of global EV sales in 2018, according to data from the China Association of Automobile Manufacturers.

China is the largest destination of Oregon exports and the source of foreign tourists and international students. In addition, 20,000 jobs in Oregon depend on its exports to China, Lan said.

China has promised to let US credit rating agencies do business on their own, remove the cap on foreign ownership of Chinese banks and asset management companies, and lift limits on investment in securities houses.

China is an innovation-based economy. Such an economy develops new products or methods of production that drive economic progress and enable states to deal with challenges such as climate change and global health crises. The ability of a country to innovate rests on its education system. A well-educated workforce contributes to technological and scientific discoveries.

China has urged the Democratic People's Republic of Korea to abide by UN Security Council resolutions after the council imposed new sanctions on the country over its recent missile launches.