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China has never manipulated its currency, Geng said, adding that the conclusion reached by the US on Monday is in line with the facts as well as international consensus. China has clarified many times that it will not engage in competitive currency devaluation, he said.

China has a long, continuous history of philosophical studies, and has made an extraordinary and enduring contribution to the world in the discipline, he said.

China encouraged ODI in markets involved in the Belt and Road Initiative and the effort paid off in January, with Chinese companies investing .2 billion in 46 countries and regions concerned, up 50 percent yearon-year and accounting for 11.4 percent of the Chinese ODI worldwide, according to the Ministry of Commerce.

China has implemented the Sino-US phase-one trade deal in an orderly way and expanded bilateral cooperation in the area of agriculture, said Zhao Zenglian, director of the department of animal and plant quarantine at the General Administration of Customs.

China has been opening up its doors wider to the world, with a wide range of incentives aimed at expanding imports, including cutting tariffs on vehicles and auto parts.