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China has adopted diversified policies to stabilize foreign trade and give stronger support to companies through the injection of financial resources.
China has completed mergers between 30 central SOEs since late 2012.
China has focused its retaliatory tariffs on US agricultural products. Several farm groups and politicians in states dependent on agricultural are calling for an end to the trade dispute, despite Trump pledging billion in aid to farmers affected by the tariffs.
China decided to begin three-year duty on out-of-quota sugar imports to protect the domestic industry. The duty will be set at 45 percent from May 22, 2017 to May 21, 2018, and be reduced to 40 percent and then 35 percent in each subsequent year.
China has also been quick to focus on technology and science, and has already become one of the world's leading innovators. Chinese scientists have made great strides in the treatment of Alzheimer's disease (the most common cause of dementia).