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WUHAN, Jan. 31 (Xinhua) -- Central China's Wuhan City, capital of Hubei Province, welcomes more foreign investors to invest and live in the city, the city's mayor said Wednesday.

China is implementing a high-level trade and investment liberalization policy and exploring to establish a free trade system with Chinese characteristics in Hainan as it marks the 40th anniversary of its reform and opening-up this year, said Chi Fulin, head of the Hainan-based China Institute for Reform and Development.

China remains an attractive market for foreign firms, despite a slowdown in economic growth, Heinrich Hiesinger told Xinhua, adding that 6.5-percent growth is still one of the highest rates among major economies.

"In the long run, we expect lower soybean oil (which is a by-product of soybean crushing) supply in China. Palm oil stands to benefit from this as it is a common substitute for soybean oil for use in the food processing industry," it said.

BEIJING, Feb. 7 (Xinhua) -- China will stage a two-year campaign against gun and explosives crime across the country, the Ministry of Public Security announced Wednesday.