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China will conduct research on reusable launch vehicle technologies to reduce launch cost. The number of annual launch missions of Kuaizhou series rockets will be doubled by 2023 and China would have developed world-class solid propulsion technology by 2025.

China will continue to open up its economy and be committed to ushering in more international companies to participate in the nation's high-quality development, contributing to the building of a new development pattern featuring both domestic and international cycles, said Liang, who is also dean of the Hainan University Belt and Road Research Institute.

China not only attracts US investors' attention but also European investors in diversified areas. Unlike Europe, VC constitutes a huge part of PE in China, about 40 percent of PE investments can be deemed VC/growth…compared to only some 14 percent VC in European PE, said Claus Mansfeldt, president of Luxembourg Private Equity and Venture Capital Association.

China ratified the UN TIR Convention in July 2016, becoming the 70th contracting party. So far, there are 73 contracting parties across the globe.

China is willing to develop more balanced economic and trade ties with the United States, a Foreign Ministry spokesman said on Thursday in response to US President Donald Trump's saying he no longer regards China as a currency manipulator.