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Like Changan, many manufacturers in Chongqing are using robots to replace labor. More than 300 companies have thus improved work efficiency by over 30 percent.

"The Chinese economy looks likely to regain its footing in the first half of 2019," said the outlook report co-authored by Bartsch, as policymakers in China have started to moved toward policy easing with efforts to provide economic stimulus while limit financial leverage.

"Achieving inclusive reconciliation and harmonious coexistence among the Iraqi parties is in line with the fundamental interests and the development needs of all Iraqi people," Ma added.

The World Bank has raised China by 32 places in terms of business environment, and 95 percent of companies surveyed by the U.S.-China Business Council said they would increase investment or maintain the existing presence in China in the coming year.

But now the digital economy is spreading from the booming east to help move the value chain up in the west, at a time when China's economy faces the tough task of improving quality.