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China was the Philippines' top trading partner and the total bilateral trade volume hit .3 billion in 2019.

China represents just over half of total deal value, outside of the US and Western Europe, over that same period, and that growth has been driven overwhelmingly by investment in technology enabled businesses and from venture capital, Ambrose said.

China issued local government bonds worth 219.5 billion yuan (.41 billion) in the first quarter of this year and made bonds issuance the sole legal way local governments to raise debt amid the nation's efforts to forestall systemic financial crisis, the finance minister said.

China reported its first human H7N9 case in 2013, and outbreaks have occurred since then during the winter and spring.

China is witnessing a rise in the price of mutton and related products. According to the Ministry of Agriculture, by the end of 2017, the average price of mutton at wholesale agricultural product markets was 52 yuan () per kilograms, almost 6 yuan higher than the same period of 2016.