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"Commercial war is not the proper answer to this evolution," he said. "A commercial war ... is not consistent with our mission, with our history, with our current commitments for the global security. At the end of the day, it will destroy jobs, increase prices and the middle class will have to pay for it."

"China's business environment is more regulated than before. IPR protection is a typical example," Vice-Premier Wang Yang said during a China-US Joint Commission on Commerce and Trade in Washington, DC, in 2016.

"Confronted by pollution, a growing number of people have realized the role they can play in environmental protection, and are willing to participate in projects," he said. "It's a good time to introduce trash-sorting policies."

"China's smartphone market is forecast to drop 12 percent in 2018, which definitely weighed on all vendors, but it is worth noting that even within such a tough situation, Chinese players Huawei, Xiaomi Corp, and Vivo all managed to maintain growth in the first nine months of last year. In the same time frame, Apple, however, dived 12 percent," Jia said.

"China's experience is that it has not copied any other country's development path and has not entirely followed European or US scholars' advice, especially their advice on financial sector, but that it has formed its own model of development, Cai said.