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China is formulating a new development paradigm and the country's recent proposals for the next five-year plan and its development goals for 2035 reflected the changing and challenging environment, they said. These will effectively utilize the Chinese government's capacity to comprehensively coordinate macroeconomic policies to pursue high-quality growth and structural reform on the supply side, they added.
China is Canada's second-largest single-country merchandise trading partner. In 2017, two-way merchandise trade between the countries reached nearly .5 billion, accounting for 8.4 percent of Canada's merchandise trade. Trade in services between Canada and China reached .2 billion.
China is currently the world's second-largest oil consumer and largest oil importer, and in 2018, the country imported 440 million metric tons of crude oil, a year-on-year increase of 11 percent, with its foreign oil dependency ratio reaching 69.8 percent, according to China National Petroleum Corporation's Economics and Technology Research Institute.
China is committed to market-oriented economic reform. We will work to remove institutional obstacles and see that the market plays a decisive role in resources allocation and the government better fulfills its responsibilities. Putting the concerns of people and businesses at the front and center of its agenda, the Chinese government will continue to streamline administrative approval procedures, exercise fair and impartial regulation and provide more efficient services. We will strengthen protection of property rights and abolish all regulations and practices that impede the development of a unified market and a level playing field in order to further improve the business environment.
China has reported no new locally transmitted cases for 29 consecutive days as of Sunday, but there is a steady number of new imported cases found in arrivals on a daily basis.
来源：资阳报