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"China has removed the quotas on foreign investors' purchases of domestic stocks and bonds through the QFII and RQFII in September, however, quotas were not used in full in the recent past and other reforms, such as the removal of a 10 percent limit for foreign overshore of A shares, which would be more meaningful to foreign investors," said Cantor.

"China plays an indispensable role in this process," Teng said.

"China is a very important market to the BMW group. Last year, we nearly sold 600,000 cars in China, which is underlining the relevance and importance of China for BMW," Nicolas said.

"By securing the production and supply agreements, Australians will be among the first in the world to receive a safe and effective vaccine, should it pass late-stage testing.

"China has supported an IMF training center to help improve the debt management capacity of countries involved in the BRI, and China's Ministry of Finance has agreed with major multilateral financing institutions to establish a new cooperation platform," the report said.