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China has launched a series of reforms to invigorate its torpid SOEs, including changing their share-holding structure, spinning off non-core assets and encouraging innovation.

China executed two child killers and two serial rapists on Wednesday after the Supreme People’s Court approved their death sentences.

China has grown into a major international investor. We will encourage credible and capable Chinese enterprises to invest overseas in an orderly fashion. China has actively expanded import from other countries. Since last year, we have voluntarily cut tariffs four times, bringing the overall tariff level down to 7.5 percent, a lower middle level in the world. We will also further improve the facilitation of customs clearance to significantly reduce cost and improve efficiency. As China continues to develop an open economy, it will create greater opportunities for companies of CEE countries.

China has been Oman's largest trading partner for several years, while Oman is China's fourth-largest trading partner among Arab countries. Bilateral trade volume between the two countries reached .7 billion last year, up 40 percent year-on-year, Li said.

China has over 4,000 small and medium-sized banks, with total assets of about 77 trillion yuan (.9 trillion). These banks have limitations in management capacity, and their targeted clients are usually micro, small and medium-sized enterprises. Small and medium-sized banks were noticeably affected by the novel coronavirus pandemic this year, said Cao Yu, vice-chairman of the CBIRC, at a news conference on April 22.