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China has set 2020 as the target year to eradicate absolute poverty. The ministry urged more efforts in tapping the cultural and tourist resources and making new achievements in poverty reduction.

China has two negative lists - one for foreign investment applicable nationwide and the other for foreign investment for free trade zones. The negative list has continued to shrink with an increasing number of industries open to foreign investment.

China is the country which has most contact with Russia in the media sector, Cherkesova said. The two countries have successfully held China-Russia Media Forum several times, and other events such as New Media Forum and China-Russia TV week.

China is soliciting opinions on the draft of the 2020 version industrial catalog in which foreign investment is encouraged. Aimed at attracting more foreign investment in the high-quality development of manufacturing, producer services, and to the central and western regions, the draft has proposed extending the coverage of investment in sectors such as raw material, research and development, modern logistics, information services, and e-commerce.

China is embarking on a new era in the big-data sector, as the country gears up to seek breakthroughs in the research and application of big-data distribution and exchange.