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"China regards Saudi Arabia as a good friend and partner and is ready to work jointly with Saudi Arabia to build on past achievements to open up a new horizon for bilateral friendship and strategic relationship," said Xi, noting that with the guidance of high-level leaders at both sides, the comprehensive strategic partnership between the two countries have formed a new pattern in recent years, in which the relationship is being advanced in an all-around way, at multiple levels and in a wide variety of fields.

"Chinese people consume about 6 kilograms of beef per person per year. The country needs to import 200 tons of beef annually to meet that demand. The demand is high and we are packaging beef as fast as we can," Wu said.

"Coming on the heels of the central banks, there is increasing optimism that politicians are starting to understand the scale of the economic stop coming our way as the death toll across Europe and the US continues to rise," Michael Hewson, chief market analyst at CMC Markets UK, said in a research note.

"Coffee business is among the four high-growth food and beverage categories of Nestle. We continue to invest and see a great opportunity in our coffee business," said Altug Guven, senior vice-president of Nestle's coffee business unit in China.

"Compared with banks, small nonbank financial service providers usually have better understanding of the risks associated with micro and small market entities and are more aware of their real needs," said Bei Duoguang, president of the Chinese Academy of Financial Inclusion at Renmin University of China.