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China is in the middle of capacity cutting in its overloaded coal sectors, with plans to reduce 150 million tons of capacity this year.

China holds a seat on the SWIFT Board of Directors representing SWIFT's Chinese users. The local team in China provides the Chinese financial community with strong support in business, technologies, standards and other related SWIFT offerings.

China highly values its relations with Europe and supports the EU countries to choose their own path of integration, Li told Tusk and Juncker during their annual meeting, adding that his country is happy to see an Europe that is unified, stable, open and prosperous.

China has the world's second-largest aviation market, after the United States of America. The country aims to realize 142 billion tonne-km of air transport turnover by 2020, with passenger trips to reach 720 million a year.

China is stepping up efforts to fulfill that potential. In May, a one-week learning trip aimed at helping Chinese digital finance practitioners better understand Africa will be held in Kenya, initiated by CAFI and sponsored by the Bill and Melinda Gates Foundation.