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China's ambassador to the United States Cui Tiankai said that he hoped the meeting between Chinese President Xi Jinping and US President Donald Trump will enable both sides to make further progress on the trade and other issues.

China's actual use of foreign capital rose by 5.5 percent on a yearly basis to 98.7 billion yuan (.38 billion) in November, marking the eighth consecutive month of positive growth in foreign direct investment, according to data released by the Ministry of Commerce on Tuesday.

China will steadily promote opening up in the capital account, support interconnectivity and two-way opening up of the financial market and boost the liberalization, facilitation and high-quality development of trade and investment, the top forex regulator said at a work conference for 2020.

China will “absolutely not” fire the first shot in a trade war with the United States and will not be the first to levy tariffs, the Ministry of Finance said on Wednesday.

China's biggest electric carmaker BYD launched an unmanned driving system for its monorail train in Yinchuan, capital of the Ningxia Hui autonomous region, on Wednesday. The system will be officially put into use in the second quarter of 2018.