The two countries have agreed to suspend any increase in tariffs after a meeting between President Xi Jinping and US President Donald Trump on the sidelines of the G20 Summit in Buenos Aires, Argentina, on Dec 1.
The two countries should maintain high-level exchanges, and the leaders should visit each other frequently like visiting relatives, Xi said, while calling for connection of both countries' development strategies.
The unbalanced financial structure of banks, which have been the mainstay of China's financial system, had prompted regulators to promote non-bank lending institutions and expand capital markets to curb debt growth, analysts said.
The troupe will be led by Song Tao, head of the International Department of the Communist Party of China Central Committee.
The two countries will further enhance collaboration in regional and international arena and uphold the legitimate rights and interests of developing countries, he added.
The two heads of government spoke highly of the new progress the two sides have achieved over the past year in bilateral ties and cooperation.
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The two sides need to maintain high-level and various levels of interactions, bring the four high-level dialogue mechanisms between them into full play, and hold the second round of dialogues at a proper time, Xi said.
The underlying message: the robots are coming, but they’re here to help. And don’t worry, they won’t get tangled up in your clothesline when trying to deposit a package to your backyard.
The two companies announced the merger Thursday that, if finalized, will create the world's fourth-largest auto company worth billion. But PSA will have the upper hand in the deal, with its cost-cutting CEO Carlos Tavares in charge and PSA controlling the new company's board.
The two sides will also support the healthy and stable development of two-way investment, added Wang, who noted that China's new round of market opening policies will provide German companies operating in China with broader space and more opportunities.