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China has been the company's largest market outside of Germany for five years in a row.

China has always been an important market for Eaton. We will continue to invest in digitalization, innovation and talent development, and strive to achieve win-win outcomes for all stakeholders.

China continued to open wider to the outside world by easing market access regulations. In the first seven months, imports and exports continued to expand, and overseas direct investment improved significantly from last year.

China calls for the earnest implementation of the UN Security Council Resolution 2334 and an immediate cessation of all Israeli settlement activities. Immediate measures should be taken to prevent violence against civilians, Liu said.

China has been stepping up efforts in recent years to allow foreign investors wider access into the fast-growing domestic bond market, including encouraging the issuance of "panda bonds," or yuan-denominated debts, sold by foreign issuers in China.