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To achieve that goal, China is also developing new-generation automotive batteries, as it scrambles to catch up with Japan and South Korea in the key technology.

To better collect market information and facilitate research, Sinopharm established a management team with the task to attract talents and private investors, as well as offer executive board memberships in its subsidiaries, as a major step.

To Utah's Attorney General Sean Reyes, the China-US economic relationship is "one of friendly competitors, not rivals or enemies," he said.

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To fulfill its goal, China is sending its finest cadres to the frontline to fight and eradicate poverty. By the end of 2016, over 770,000 Party officials had been sent to rural areas to design bespoke poverty relief programs for local communities.

To bring forward the supply-side structural reform, strides are expected in both the upgrading of traditional industries and the development of emerging and high-tech industries, said Lian Ping, an economist at Bank of Communications.

To ensure efficiency, the fund will be used based on different characteristics of each district, either through bringing in market operation such as fund management platforms or Public-Private Partnership (PPP), or through government procurement and subsidies.

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To build an economic pattern of coordinated and shared development for SOEs and private enterprises, the government began to select SOEs for the introduction of mixed-ownership reform in 2016. It is considered a flexible method to optimize State assets management, enhance the protection of intellectual property rights and unleash employees' innovative potential.

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To cut fuel consumption and promote the popularity of new energy vehicles, China has imposed tough regulations on passenger carmakers and importers, who will be given two separate scores for traditional vehicle energy efficiency and new energy vehicle production.

To date, the Chinese government has donated two batches of medical supplies to Nigeria, including medical protective suits, KN95 masks, medical gloves and infrared thermometers.