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She said nowadays China has become the largest trade partner of more than 120 countries and regions, the fastest growing major export market, and also a developing country that attracts the largest foreign investment in the world, adding that last year China attracted the world's second-largest foreign investment.

In the letter, Xi said China attaches importance to innovation and is firmly committed to high-quality development by accelerating the digital economy and digitization of industries.

The document has put forward a four-step plan to establish the hub within five years, as the country plans to offer almost all government services on the one-stop online portal before the end of 2022.

BEIJING, Aug. 8 (Xinhua) -- China's foreign trade maintained steady growth in the first seven months of this year despite escalating trade tensions with the United States, with data pointing to a more balanced trade picture.

Within five years, the time required for setting up a company will be cut to five working days, and the time for approving construction projects and for foreign trade customs clearance will be halved.