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China's strategic goal is to develop itself rather than to challenge anyone else, Cui said, in an apparent response to recent rhetoric by the Trump administration that claims China is a kind of "revisionist country" trying to challenge international rules.

China's supervisory commission pilot program had been launched in Zhejiang province, as well as in Beijing and Shanxi province, just over a year earlier.

China's slowing growth is weighing on the prospects for its companies, but some sectors are proving more resilient than others.

ChinaSF also co-hosted the first Invest in USA Real Estate Summit with former US ambassador to China Gary Locke in Beijing, resulting in Z&L Properties now owning 13 projects throughout California, and signed an MOU with the Bank of China to increase RMB?denominated commerce.

China-Arab economic and trade cooperation has gained steam in recent years. Last year, the bilateral trade volume reached 4.3 billion, jumping 28 percent year-on-year.