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"China's total logistics expenditure accounts for about 15 percent of its GDP. The smart logistics sector is a multitrillion market."

"China will insist openness and cooperation for mutual benefit during the process of promoting global standards. With the Belt and Road Initiative, we hope more Chinese standards can step outside to contribute to world development," he said.

"China's large and rapidly expanding market, combined with its complete industrial system, high-quality infrastructure and deepened opening-up policies, are all huge attractions for foreign capital. While many industrial chains were hit by the pandemic, the resilience of the supply chains will top the company's global mapping agenda and prompt adjustments," said Kang.

"Countries that provide troops and goods for these missions are accepting a level of risk and endangering their uniformed personnel to make the world a better place," he said. "It takes effort from everyone to tackle piracy and contribute to international maritime security, and a strong China can only help deter and counter these issues."

"China's recovery is for real," the report said, although the recovery remains unbalanced to some extent and still lacks self-sustaining factors.