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China sold 2.92 million SUVs in the first four months of 2019, accounting for 42.6 percent of the passenger car market. But as joint venture brands accelerate their pace of developing SUV models, the advantages of Chinese brands are weakening, insiders say.

China urged the US to immediately stop these practices and that it will take all necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises.

China lowered its fiscal deficit target to 2.6 percent of GDP for 2018 at the beginning of the year, down by 0.4 percentage points compared with 2017.

China is willing to implement the important consensus reached by the leaders of the two countries, strengthen pragmatic cooperation with Pakistan in various fields and deal with risks and challenges together with Pakistan, according to Xu.

China will also continue to advance all-round opening-up, Liu said, noting that under the current situation, it is crucial to strengthen international cooperation to deal with the epidemic and push for the steady recovery of the global economy.