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China's efforts to strengthen antitrust and consumer protection will protect and stimulate the vitality of market players, and will help create a stronger domestic market, Economic Daily reported on Tuesday.

China's effective approach against corrupt officials offers a great lesson for Sri Lanka, which is also a developing country, he said, adding that efforts should be taken to ensure that corruption will never be a stumbling block for the overall development of a country.

China's exports to the United States grew 5.6 percent to 1.66 trillion yuan during the same period.

China's high-end ride hailing company UCAR Technology Inc has led a 2.2 billion yuan investment in the fledging electric carmaker Xpeng Motors, the two announced on Monday.

China's nonfinancial outbound direct investment in economies involved in the Belt and Road Initiative also surged 29.7 percent on a yearly basis to .02 billion in the first three quarters, helping sustain confidence in these markets to support their long-term economic growth, said the ministry.