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China is to develop a leading new energy vehicle sector as part of efforts to build a globally competitive automotive industry within 10 years, according to a guideline released by the Ministry of Industry and Information Technology last year.

China has sent medical experts to four ASEAN countries－ Cambodia, Laos, the Philippines and Myanmar.

China is now transforming from the phase of rapid development to a new stage of high-quality development and shifting its focus to nurturing technological innovation and further opening up its economy.

China imposed the tariff on US goods such as agricultural, automotive and aquatic products immediately after the administration of US President Donald Trump announced on Friday tariffs on billion worth of Chinese goods. Beijing's quick reaction is an unequivocal manifestation of its determination to safeguard its legitimate interests and fight protectionism.

China is the world's second-largest recipient of foreign direct investment.