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China might continue its dominance in the global luxury scene, said Bruno Lannes, a partner with Bain & Company, adding that Chinese consumers show a strong preference for buying luxury goods at home thanks to price adjustments, consumer-centered strategies and government initiatives.
China promotes the Belt and Road Initiative, aiming to align with other countries’ development strategies for shared prosperity, Xi said.
China opened its asset management industry to international players in 2016 by allowing them to set up wholly foreign-owned enterprises to raise onshore funds and invest in the mainland's securities market. Previously, they could only enter the market by owning a minority stake in a joint venture with a local partner.
China said last Friday that Liu carried out frank, efficient and constructive discussions on China-US economic and trade issues with the US delegation.
China is willing to work with Singapore to support international solidarity against the virus with the World Health Organization playing a leading role in the process and jointly build a community of health for all, he said.
来源：资阳报