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As the international situation is undergoing complicated and profound changes, safeguarding multilateralism and free trade is not only at stake for the EU and China, but also for the rest of the world, said Juncker.

As the former vice-president of the China Micro-Credit Companies Association, Bai noted that many banks are less capable than microcredit companies in terms of customer acquisition and risk identification when they are dealing with farmers, small enterprises and individually owned businesses. In her view, the government should encourage large and medium-sized commercial banks to collaborate with microcredit companies in promoting financial inclusion.

As the new wave of tariffs that came on top of the billion worth already taxed earlier this year begins to make China look more expensive, few other places around the world can match China’s advantages — its highly skilled workforce and the reliability of the supply chains.

As the trend of protectionism spreads from developed countries to developing ones, Bao regarded China as the backbone of global financial stability, with its rising stature in global finance.

As the largest traffic hub in Central China, Zhengzhou is planning to start non-stop flights to European countries, "providing our citizens opportunities to taste delicious food and wine in Europe after a faster journey", said Liu, who called the direct air route a "new silk road in the air".