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The Chinese "have an edge, of course, in economy of scale and strong financial institutions such as Bank of China and the Export-Import Bank of China. It makes it easy to do business with them compared with other traditional partners," Tuju says.

The Caixin report also indicated that the policies to stabilize employment should be implemented in full swing, as the employment subindex has remained in the contraction territory for five months in a row.

The China-CEE cooperation framework, known as the 16+1, is a platform created in April 2012 by China and 16 CEE countries.

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The Chinese mainland's spending could make up about 40 percent of the total global spending on ap

The China-Russia Expo has served as an important platform for bilateral economic and trade cooperation since it was inaugurated in Harbin in 2014.

The China International Import Expo Bureau, the event's organizer, has held 23 promotional road shows in 19 provinces, autonomous regions and municipalities this year.

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The China (Zhejiang) Pilot Free Trade Zone is banking on developing bulk commodity trade and high-end manufacturing to drive growth as it races to catch up with more established rivals such as Singapore and Hong Kong in the Asia-Pacific region, by operating a free trade port.

The Chinese government announced the baseline for its territorial waters around the Xisha Islands in 1996, yet the US continues to send warships to trespass and commit acts of provocation in Chinese territorial waters, Wu said.

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The Central Economic Work Conference will review the economic work of the past five years, and make policy priorities for 2018 with a focus on implementing the decisions from the 19th National Congress of the Communist Party of China.

The Chinese economy has maintained overall stability and run within a reasonable range so far this year. [Photo/IC]