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China is also intensifying its international cooperation in quality in recent years, keeping up its fight against those who would export fake or substandard products, Zhi Shuping, head of the administration, said at a conference earlier this month.
China has taken a series of measures to curb the fast rise of financing costs faced by private companies, and is set to take a multipronged approach to further cut the financing costs for small and micro companies by another 1 percentage point this year.
China is ASEAN's largest trading partner and the top source of imports for many ASEAN countries, he said.
China is the largest market for Hyundai and Kia, both subsidiaries of the Hyundai Motor Group, accounting for 23.5 percent and 21.5 percent, respectively, of their global sales in 2016.
China is rolling out proactive fiscal policy and supportive monetary policy, the effect of which will gradually unfold, Cheng said. "The Chinese economy is likely to stabilize and rebound in the first quarter of this year, beating market expectations."
来源：资阳报