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China is now one of Ingersoll Rand's "strongest and most promising" markets, and the proportion it contributed to the company's global business has been constantly increasing, said Daniel Deng, vice-president of Corporate Affairs & Communications, Asia-Pacific.

China is seeking to transition from an economy reliant on investment and exports of low-value-added goods to an innovation and service-driven one, and the first-half reports showed new growth engines were picking up momentum.

China hopes the European Union will remain vigilant to moves by certain countries to instigate ideological confrontation to serve their own interests, State Councilor and Foreign Minister Wang Yi said.

China is entering an era distinguished by services and consumption. In recent years, China's insurance industry development has surged. As of the end of 2017, the country's original premium income increased by about 18 percent year-on-year to 3.7 trillion yuan,

China has seen a growing air express industry. In 2017, China transported 7.06 million tons of air mail cargo, a 5.6 percent increase year-on-year, said statistics from the Civil Aviation Administration of China (CAAC).