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China can intensify international cooperation to contribute more to fighting the COVID-19 pandemic and improving global health governance, according to a report released on Wednesday night.

China has been the biggest importer of US sorghum and uses it in livestock feed and to manufacture the liquor baijiu. Saudi Arabia is not a big sorghum importer, but it is the world's 10th-largest buyer of corn.

China has become the only country in the world to obtain all the industrial categories listed in the United Nations industrial classification, said Miao Wei, minister of industry and information technology, at a news conference on Friday.

China has integrated the Qualified Foreign Institutional Investors (QFII) program and the RMB Qualified Foreign Institutional Investors (RQFII) program as well as the direct market entry channels, while allowing overseas investors to choose a number of domestic financial institutions to trade over the counter and hedge foreign exchange risks through principal brokers or directly entering the inter-bank foreign exchange market, the PBOC said.

China has made huge progress in reducing logistics costs, seeing cost cuts of 98.1 billion yuan last year, up from 55.8 billion yuan in 2016.