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China has taken a number of measures to further open up its capital markets to foreign investors, aiming to benefit the markets in the long run.

China is a huge country with huge population and market potential, said Haggai Ravid, CEO of Cukierman & Co. Investment House Ltd., another organizer of the annual conference.

China is the single largest source of foreign direct investment (FDI) to Ethiopia for the last several years, as Ethiopia bids to attract Chinese expertise and money for its industrialization ambitions.

China is projected to account for 70 percent of global 5G connections, and the country has firmly established itself as a global 5G leader, according to a report by GSMA, an international association of mobile operators.

China imports about 70% of its oil needs and more than 90 million tons of soybeans every year. We also depend heavily on imports for many other commodities, which makes it impossible for us to develop behind closed doors.