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China is by far the largest leather and leather goods producing country in the world and the largest market for US hide and skin products.
China is pursuing a new round of opening up and will further relax market access to the automobile sector, Li said. He welcomes German companies to continue to expand investment in China, cooperate more in high-tech fields and jointly seize opportunities in market competition in the future.
China has set 2020 as the target year to reach that goal, with a key goal of eradicating poverty. As Xi has said, "No one should be left behind on the road to a moderately prosperous society."
China is a vast market, Chan said. "Investing in China is to invest in future," he added.
China has taken concrete steps in market-oriented reforms in line with WTO rules, said Zhou Xiaochuan, former governor of the People's Bank of China, the central bank, on Wednesday.