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China's three newly established pilot free trade zones will further facilitate its high-level opening-up and boost high-quality growth through deeper reforms, especially in the areas of digital economy, high-end manufacturing and regional integration, senior government officials and experts said on Monday.
China's pivot to Asia is intensifying. Value chains are becoming more regional and less global. For example, China is now the largest trading partner for Malaysia, Singapore and the Philippines. Meanwhile, the country's continued resource demand has increased its importance not only to in-region suppliers such as Australia, where 21 percent of mining and quarrying output is now exported to China, but also to more distant countries such as South Africa and Chile.
China's population is aging so rapidly that in 2016 the government announced that every couple could have two children, which ended the decadeslong policy that prohibited most families from having more than one child.
China's political structure allows highly efficient decision-making. The country's strong executive power has been fairly demonstrated in various major infrastructure projects. Take a recent example - the way the government promotes ecological development and pursues green growth in China can be a reference case for other countries.
China's tech giant Tencent announced it would invest 500 billion yuan in the next five years to develop "new infrastructure" including cloud computing, artificial intelligence, blockchain, supercomputer center, quantum computing and data center across the country.
来源：资阳报