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China has rolled out a wide range of policies and measures to help exporters resume production since the epidemic broke out. The government introduced incentives to give firms financial support, help employees return to the workplace and reduce operational costs.

China is moving from a quantity-based economy to a quality-based economy, Lisi said. I think we are really just beginning to see the role you are going to play from an innovation perspective."

China is Australia's largest trading partner and largest source of tourists. Moore said that thanks to ChAFTA, most Australian products exhibited at the CIIE would be free from tariffs in 2019.

China has set 2020 as the target year to complete the building of a moderately prosperous society and eradicate poverty.

China is on track to meet its annual railway investment target, with fixed-asset investment in the sector up 1.2 percent year-on-year to 325.8 billion yuan (.1 billion) in the first half of this year, the country's railway operator said.