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"China's Belt and Road Initiative is a perfect match with South Korea's New Northern Policy," he added. "For example, Chinese investors may face difficulties when investing in Russia, and with the help of South Korea, we will be able to conduct better communication with Russia."

"Chinese people are not only paying more attention to their health but also are more willing to pay for better experiences," said Tang, adding that those born in the 1970s and 1980s are his main client base.

"China's fixed asset investment will see steady growth in 2019. It will continue to be the primary driver of the building materials industry. The continued advancement of the supply-side structural reform will help optimize the industrial structure and provide new impetus for its development," the ministry said in a recent report.

"China's response to the pandemic has been far more focused, forceful and effective than elsewhere. Policy has focused on keeping businesses afloat and people employed, and this has paved the foundation for the swift recovery."

"Currently there's more cooperation instead of fierce competition in the emerging big-data industry, "Han said: "Grasping that opportunity, the national lab and our research center will introduce big-data circulation standards and encourage enterprises to run big-data business according to the standards. Thus, we will embrace a better competition environment in the future."