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China has the worlds' second-largest stock of public pension funds, sovereign wealth fund and central bank assets, according to a new report. Such Chinese banks and funds control .2 trillion in assets, around 12 percent of the world's total.

China has since July 6 begun to levy additional 25 percent tariffs on 517 types of agricultural products — including soybeans, cotton and pork — imported from the US. The total value of these imports last year was about billion.

China hopes to strengthen coordination with Italy in international affairs and multilateral organizations. China is ready to enhance communication and collaboration with Italy in the United Nations (UN), the G20, Asia-Europe Meeting and the World Trade Organization (WTO) on global governance, climate change, UN reform, WTO reform and other major issues. Working together, we will promote our shared interests, uphold multilateralism and free trade, and safeguard world peace, stability, development and prosperity.

China has so far created or modified six laws on taxation, including laws on environmental protection tax, tobacco leaf tax and ship tonnage tax.

China initiated a trial program a decade ago to promote voluntary post-mortem organ donations and gradually implemented the practice nationwide. In 2015, the use of organs from executed prisoners was stopped, making voluntary donations the only legitimate source of organs.