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China unveiled an array of measures this year to expand market access for foreign investors, including allowing foreign firms' 51-percent ownership of their brokerage ventures, up from the previous 49 percent.

China is willing to continue sticking to the principles of amity, sincerity, mutual benefit and inclusiveness, and take the 15th anniversary in 2018 of the establishment of the China-ASEAN strategic partnership as an opportunity to build a closer community of common destiny together with ASEAN on the basis of what has been achieved so far, and with the focus on the future, in order that it will become a paradigm of communities of common destiny in Asia, Xi said.

China plans to stop subsidies on new energy cars by the end of 2020. To ensure a smooth transition, the government decides to achieve this goal by enacting policy in several phases. This year's subsidy standard was slashed 50 percent on average from 2018, Xinhua reported, citing a person with knowledge of the matter.

China reduced its holdings of US treasuries to a seven-month low in January, amid concerns that the world's largest bond market might suffer headwinds from impending interest rate increases.

China rose up the rankings from ninth in 2016, when UK exports to China totaled 439.5 million pounds.