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China Eagle has independently developed a series of UAV products. The firm works with the State Oceanic Administration to produce drones for shore patrols.

BEIJING, Jan. 20 (Xinhua) -- China's Ministry of Commerce (MOC) on Friday questioned the U.S. ruling to levy heavy duties on several Chinese products and vowed to take necessary measures to protect the rights of Chinese companies.

China is willing to strengthen political mutual trust, promote pragmatic cooperation and expand people-to-people exchanges to open a new chapter of relations and mutually beneficial cooperation between the two countries, Li said.

In the meantime, the ruling Party's battle against corruption has gained crushing momentum, netting both "tigers" and "flies."

Japan, which overtakes China as the largest holder of U.S. treasuries in October, increased its holding by 11.7 billion dollars to 1.1025 trillion dollars in January.