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Chen Li, head of research at Chuancai Securities, said that banks' and insurers' participation in the Treasury bond futures market is an example of China's capital market becoming more mature and more in line with international practices as Treasury bond futures have been a standard and important tool in developed markets.

Chi added that the initiative has already become an important driving force for economic development in Shaanxi province, where outsourcing and exports to those countries increased by a factor of 5.3 in 2017, compared with 2016.

Chen Tao, sales director of the firm's agricultural equipment department, said the shipment of DJI's farm drones reached 20,000 units last year, estimating the number will reach 100,000 units nationwide in the next five years.

China (Guangdong) Pilot Free Trade Zone has proved itself a top destination for foreign investment with its ever-improving business environment and deepening reform and opening-up efforts creating more opportunities for businesses.

Chen Dongqi, an economist with the Academy of Macroeconomic Research at the National Development and Reform Commission, said: "It's important that this was achieved through China's voluntary structural adjustment and forceful promotion of supply-side structural reform, meaning it is of higher quality."