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China has seen 93.85 million new ETC users since the beginning of this year, the ministry said.

China has so far signed documents on Belt and Road Initiative cooperation with 11 EU countries while China-Europe freight trains have made over 10,000 trips, arriving in 43 European cities in 15 countries, Wang said.

China has vowed to take substantial efforts to further open up its financial sector to foreign investors. It has, for example, allowed foreign enterprises to take as high as 51 percent of shares in Chinese securities, fund management, futures and life insurance companies and the cap will be eliminated in 2021.

China is Amorepacific's second largest market after South Korea, recording revenue of 7.26 billion yuan (.02 billion) last year, official figures showed.

China has undoubtedly developed into a global economic power. Now that it has become such a powerful country and holds a significant global role, it takes responsibility not only for Chinese nationals, but also the whole world.