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Dalian, Liaoning province, is making a priority of "vigorously building a new frontier in opening up to the outside world", the city's acting mayor said on Thursday during the city's ongoing two sessions, the local version of the annual national political event.

Data from the ministry pointed to a marked growth in non-tax revenue. In the period, China's non-tax revenue gained 558 billion yuan to 2.6 trillion yuan, up 27.1 percent year-on-year.

David Firestein, president and CEO of the George H.W. Bush Foundation for US-China Relations, said, "The notion of having tariffs in place that actually punish American companies, and also punish American consumers, and ultimately generate essentially a tax increase on the American people, is just not an idea that makes a lot of sense to most people in business."

Data from Euromonitor International showed that the milk formula market which includes standard, follow-on, growing-up and special milk formula has reached 175.5 billion yuan in 2019 in the country and the market's size is forecast to reach 216.3 billion yuan by 2024.

Daniel Mainye, senior manager for fintech, brand and innovation at Nairobi-based Cytonn Investments told Xinhua by phone that China is a critical partner of Kenya given that China is now one of Kenya's biggest trading partners.