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China will take down its trade barriers because it is the right thing to do. Taxes will be reciprocal and a deal will be made on intellectual property. Great future for both countries!”

China will increase imports and cut import tariffs on some products to promote balanced trade, according to the Central Economic Work Conference.

China's 4G users accounted for 79.1 percent of mobile phone users by the third quarter of 2019 and the number of optical fiber broadband users accounted for more than 91 percent of the total by the same period.

China's banking and insurance regulator said on Friday that it has approved the establishment of the first foreign majority-owned wealth management firm in China.

China's capital market has been increasingly favored by global investors, including US companies, in recent years. This reflects the confidence of international investors in China's economic growth and their recognition of the deepening reform and opening up of the country's capital market, said the spokesperson.