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"China has a population of 1.4 billion, of which 400 million are considered as middle-income, which means there's a huge domestic consumer market with rapid growth potential," he said. Therefore, he added, China's foreign trade partners and investors have attached more importance to the Chinese market.
"China is now the strongest in the internet ecosystem, visible almost in every vertical, including hardware manufacturing, technology advancement, user numbers and business environment. And that gives Chinese startups a natural advantage as they go global.
"China is a leading country in this field," Shehata said, adding that China is always ready to help friendly countries improve their infrastructure.
"But now, things have changed. You need to climb to the top to be a winner. After five years of a quiet market, domestic as well as overseas demand is slowly pulling back this year. It poses a new challenge to XCMG."
"China is facilitating global trade through the Belt and Road Initiative. What we have seen in the trade frictions between China and the US is a negative side where people say global trade causes problems. You need certain rules to the game so that both sides of trade feel they benefit," he said.
来源：资阳报