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China bears have been under pressure this year as better-than-forecast data and an appreciating currency showed the economy is weathering the authorities' deleveraging campaign.
China has been Mongolia's biggest trading partner during the past decade. China and Mongolia announced the goal of forging a comprehensive strategic partnership when President Xi Jinping visited the neighboring country in 2014. Li paid an official visit to Mongolia and attended the 11th Asia-Europe Meeting Summit in Ulaanbaatar in July 2016.
China has absorbed a six-year high in total foreign investment in the first half of 2018, despite global trade tensions and economic uncertainties, an official document said.
China has been accelerating its clean energy shift by optimizing and improving its energy mix. Data from the National Bureau of Statistics showed that in the early years, raw coal accounted for 96.3 percent of total energy production while other types of crude oil accounted for 0.7 percent, and hydropower for 3 percent.
China follows a trade policy of balance in import and export, and does not seek trade surplus. Its current account surplus to GDP ratio has dropped from the peak of 10% in 2007 to 1.8% last year. And in the first quarter of this year, it was only 0.7%, lower than that of many EU countries. China stands ready to work for the launch of a joint feasibility study for a China-EU free trade area as early as possible, further improve trade liberalization and facilitation, and create favorable conditions for competitive European products to enter the Chinese market. We also hope the EU will loosen restrictions over hi-tech exports to China, exercise restraint in the use of trade remedies, and promote the balanced growth of two-way trade.
来源：资阳报