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China has made continued efforts to open up its bond market, which has attracted more than 1,100 overseas investors from over 40 countries and regions.
China has made steady progress in urbanization, as the ranks of permanent urban residents stood at 831 million at the end of 2018, up 17.9 million from the previous year, said the National Bureau of Statistics.
China expects that the EU will continue to adhere to market liberalization and free trade and China is glad to see that Bulgaria plays an active role in promoting the healthy development of China-EU relations, the Chinese foreign minister said.
China consolidated its position as the second largest insurance market globally in 2018, with total premiums reaching 5 billion. However, the Chinese market is currently still less than 40 percent of the size of the U.S. market and is also smaller than the three largest markets in Europe - Britain, Germany and France - combined.
China has been trying hard to avoid a trade war, but said it is not afraid of one forced upon it.
来源：资阳报