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Xi stressed efforts to explore effective ways conducive to promoting smooth domestic circulation, advance the coordinated development of the upper, middle, and lower reaches of the Yangtze River, promote people-centered new urbanization, and increase people's life quality and income.

Indeed, even amid the pandemic, the EU has shown great investment confidence in China. On Sept. 28, Volkswagen Group China (VGC), a subsidiary of German automotive manufacturer Volkswagen Group, announced its plan to invest some 15 billion euros (17.5 billion U.S. dollars) together with its joint ventures in e-mobility in China from 2020-2024.

The delegation was led by Chairman of the U.S.-China Business Council (USCBC) Tom Linebarger.

The New International Land-Sea Trade Corridor is a trade and logistics passage jointly built by western Chinese provincial regions and Singapore under the framework of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity, or Chongqing Connectivity Initiative (CCI).

The important initiatives proposed by Chinese President Xi Jinping at the Extraordinary China-Africa Summit on Solidarity against COVID-19 held in June have greatly encouraged African countries, they said.