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China ceded the position to Japan as the biggest foreign lender to the US government last October as the country had spent a portion of its massive foreign exchange reserves to stem the depreciation of the yuan and to curb capital outflows.

China has financed development of mega infrastructure projects like roads, ports and railways to enhance connectivity with its foreign trading partners under this initiative.

China has enforced an annual fishing ban to protect the ocean's ecosystem and biodiversity from excessive fishing since 1995.

China has favorable conditions to achieve a bumper summer grain harvest as the spring planting has proceeded smoothly, said Wei, noting that agriculture-related enterprises have all returned to their normal capacity.

China has adopted policies to further open the economy to foreign investment, including the introduction of the new Foreign Investment Law, the shortened negative list, and a new regulation to further optimize the business environment.