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China is expected to attach greater importance to capital market reforms next year and focus on improving institutional arrangements to boost the quality of listed firms as a key part of its pursuit of high-quality development, officials and analysts said.

China has taken an active part in seeking political settlement of international and regional hotspots. It has played a constructive role in addressing issues like the Korean nuclear issue, the Iranian nuclear issue, Syria, Afghanistan and the Middle East.

China is making encouraging progress in clean energy technologies. According to WIPO records, China has become a major producer of intellectual property applications in this regard.

China is rich in iron ore, but the quality is low and the production costs are high. Therefore, Chinese steel mills rely on imported iron ore, said Zhu.

China is striving to push forward green development of transportation through conservation and intensive use of resources while promoting the use of standardized, low-carbon, and modern equipment and energy-saving means in the transport sector, noted the white paper.