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China Great Wall will help listed companies mitigate potential default risks and carry out industrial upgrading through multiple measures including restructuring of debt, assets and equity. Since the beginning of 2018, the asset manager has formulated debt restructuring plans for more than 10 listed companies.

China and the US are in different positions of the global supply chain, and the two countries have complementary economies, he said, adding that China has a surplus in cargo trade but a deficit in service trade with the US.

China already owns nearly a third in Novatek's first liquefaction plant, Yamal LNG, through CNPC's 20 percent and Silk Road Fund's 9.9 percent.

China and the United States should have negotiations on equal footing to solve current economic and trade frictions, and a positive outcome would definitely benefit the world's economy, said Maria Gustava, Mozambique's ambassador to China.

China also has 4.4 million dollar-millionaires, second largest in the world. Despite increasing consumption in recent years, China still saves about 40 percent of GDP.Chinese households are sitting on about 90 trillion yuan (.1 trillion) of investable assets.