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China has also renewed its commitment to reduce the impact of climate change. This will be done by stabilizing and eventually reducing its carbon emissions. The technological innovations touching on green energy can be part of the economic and technological cooperation with Africa to fill the energy gap on the continent and provide power to areas and people who are off the grid. This puts China in the position to be a strategic partner that will enable Africa to achieve the United Nations' Sustainable Development Goals of affordable and clean energy across the entire continent.
China faces less pressure from capital outflows, according to data released by its currency regulator on Thursday, and economists said the situation may continue to improve in the second half of this year.
China has been loosening control over the new energy car sector. The country has limits on the number of joint ventures a foreign carmaker can have, but in June authorities added a footnote to the rule saying that partnerships dedicated to new energy cars are an exception.
China has come to the right and appropriate time to move a step forward, mainly supported by relative stable economic fundamentals and better market expectations for the currency, according to Zhang Bin, one of authors of the report.
China has been sticking to the principles of consultation, contribution, shared benefits, mutual respect and win-win cooperation when conducting financial cooperation with other countries, Lu said.
来源：资阳报