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China will provide service on scientific research and meteorology for the regional countries in the future, Wang added.

China's A-share market is expected to generate higher-than-expected profits and see increased participation from foreign investors this year, as economic growth stabilizes in the country through further restructuring, experts said on Wednesday.

China's auto market, hit by COVID-19, began to recover in April thanks to unleashed pent-up demand and supportive policies, with sales rising 4.4 percent year-on-year. This ended a contraction streak over the previous 21 months, according to CAAM.

China will press ahead with the development of a long-term rental market and implement more measures to stabilize housing prices, Minister of Housing and Urban-Rural Development Wang Menghui said on Monday.

China's GDP accounted for 14.8 percent of the world's total in 2016, up by 3.4 percentage points from 2012, said Ning Jizhe, head of the National Bureau of Statistics, on Tuesday.