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"From 2001 to the year 2016, US-China agriculture trade has been growing at an average annual rate of 15 percent," Liu said.

"Getting the information and designing products－that is a very difficult situation everywhere," said Jonathan Morduch, a professor of public policy and economics at the Wagner Graduate School of Public Service at New York University.

"Foreign investors as a group have surpassed insurers as the largest holder of A shares and with the help of the weight increase of various indexes, are likely to rival domestic mutual funds soon," said Thomas Fang, head of China Equities at UBS. "We expect the largely retail-driven A-share market to become more institutionalized over time."

"Forecasts and analyses by the meteorological departments show that generally there will be greater precipitation in both southern and northern China from July to August. Rain will frequent some areas both in the south and the north. But the rain band in the north will gain the upper hand," the ministry said.

"Going ahead, China needs more concentrated efforts in developing high-end chips and integrated circuit. The country's traditional industries will also see increasing tech adaptations," Xu said. "The future of the digital economy is in the hands of all countries and the global community should step up communications and cooperation for a shared future."