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The Changsha Huanghua Integrated Free Trade Zone in Changsha county, Hunan province [Photo/changsha.cn]

The Chinese government has also recently announced measures to improve the availability of credit for the private sector and reduce taxes on it.

The ChemChina-Syngenta deal was cleared by a US national security panel last August, removing what had been seen as the biggest hurdle to the deal.

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The Chinese ambassador, Cui Tiankai, said there is great potential for China-US cooperation "but the key is that both sides have to take a cooperative and constructive approach; a confrontational one will not help anybody."

The Chinese mainland stock markets grew steadily on the back of a stabilizing economy and improved market sentiment, providing a favorable environment for new listings, according to the report.

The Canton Fair has served as a platform for participating companies in poor areas to access the international market, seek potential partners and establish a global marketing network, companies said.

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The Chinese diplomat said she believes Hong Kong will enhance its role as international finance center taking advantages of the vast opportunities brought about by China's development programs, including the Belt and Road Initiative.

The Chinese economy is also undergoing the replacement of growth drivers, which not only promotes the transformation and upgrading of the economic structure but also injects new vitality into the global economy, he said.

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The China National Environmental Monitoring Center refuted a report posted on foreign websites that Hubei provincial capital Wuhan, the epicenter of the novel coronavirus outbreak, has experienced a marked increase in its sulfur dioxide density, saying "it's a severe distortion of reality".

The China Media Group is applying to join the membership of AUB, while tailored programs such as Africa Live and Faces of Africa produced by CGTN Africa (which was founded in 2012 as CCTV Africa) have been well received.