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China has unveiled a shortened negative list for market access of foreign investment, removing restrictions on a wide range of sectors. Restrictions on the ownership by foreign investors in entities such as securities firms, fund management companies and futures companies will be relaxed to 51 percent this year and is set to rise to 100 percent by 2021.

China hopes India will work with it and take effective measures to maintain the overall situation of bilateral ties, Foreign Ministry spokesman Wang Wenbin said at a daily news conference.

China is undergoing structural rebalancing and is upgrading its manufacturing capabilities. This will require more efficient and intelligent factories.

China is strengthening the management of its system for recalling new energy vehicles, as part of the country's efforts to forge well-organized and high-quality development of the world's largest NEV market.

China is the US’ largest export market outside North America. In 2016, the US had a trade surplus in agricultural products of .4 billion, according to a research report release by the Ministry of Commerce in May 2017.