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China has been researching the potential impact of trade measures on soybeans imported from the US for more than a year, according to Burke.?

China has always actively invested in technological advancement and innovation to bolster macroeconomic growth and improve people's lives. Since opening up 40 years ago, China has transformed into a country that is at the forefront of various technological advances, such as cashless mobile payments.

China has launched market-based initial public offering reform on the innovation-focused startup board of the Shenzhen Stock Exchange, a major step to allow market forces play a greater role in new share sales and help channel more much-needed investment into the country's innovative firms.

China has been Skoda's largest market worldwide.

China had 49 gigawatts of installed nuclear power capacity last year, the third largest globally. The sector continues to develop even though it makes up just around 5 percent of the country's total generation, compared with 70 percent in France, 19 percent in the United States and 12 percent in Germany, said Bloomberg New Energy Finance.