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China is rapidly developing in terms of innovation and a batch of high tech Chinese companies have emerged, said Yves Morath, counselor and head of the Swiss Business Hub China at the Embassy of Switzerland in China. He emphasized that the nation has become the most significant export market for Switzerland in Asia.
China is seeing expansion in service trade deficit in many sectors, including intellectual property rights, showing both the country's large market potential and the large gap in the service sector's competitiveness between China and developed nations, he said.
China is the world's leading producer of on-purpose propylene. The nation's production volume accounts for around 50 percent of total global capacity and is expected to continue rising by 8 percent annually.
China is the second-biggest overseas investor in London after the United States, according to London and Partners, the Mayor's promotional agency. It said there was a 255 percent increase in Chinese foreign direct investment projects in London from 2007 to 2017.
China is pushing forward the Made in China 2025 strategy, as it seeks to tackle bottlenecks and make breakthroughs in 10 sectors, including aviation, new-energy vehicles and marine engineering equipment.
来源：资阳报