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China welcomes more agricultural products and food from France in China's market, and supports France and Europe in building international finance centers. The two countries will jointly promote the usage of the RMB and the euro in bilateral trade and investment, it said.
China produced 37.12 million metric tons of milk and 29.93 million tons of dairy products last year, ranking third after the United States and India, the report showed.
China plans to improve the rural environment, including waste and sewage processing, to provide a cleaner and better quality of life by 2020, according to a three-year action plan released on Monday.
China started cutting import tariffs on vehicles and auto parts on July 1, thus potential customers were holding money in June for a better price after July. As the country started to add a 25 percent additional import tariff to vehicles made in the United States on July 6, certain US brands saw a sales increase in June compared with the previous month, Wang said.
China promulgated its first law to regulate foreign investment-related issues in 1979 when reform and opening up just started. The country has promulgated some other laws and regulations since then. They were called the "three law framework" governing foreign investment in China.
