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Chen Wenling, chief economist at China Center for International Economic Exchanges, said although China has made great achievements in the supply-side reform, the country still lacks high-quality products and internationally-recognized standards.
Cheng Shi, Chief Economist of ICBC International Research Limited, said that HKMA's act of buying Hong Kong dollars from the market can normalize Hong Kong interests and stabilize the market expectation.
Chen said these new legal documents and agreements are a "testimony of the existing friendly relations between the two countries."
Chen Fengying, a senior world economy researcher at the China Institutes of Contemporary International Relations, said China is among the potential victims globally that stand to be affected by protectionist measures in Washington, and "timely liaison at the governmental level" is needed to avoid a deteriorating "free fall" of the situation.
Chen Wu, chairman of the region, said in the past year Guangxi achieved a lot in its economy by promoting opening-up. 120 pilot projects of the Guangxi pilot free trade zone were approved by the State Council and 55 have already been put into construction. 132 new financial provisions to attract ASEAN countries' financial agenciess has been carried out successfully and 57 foreign banks and insurance company are ready to set branches in the region.
来源：资阳报