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"China's CPI growth is expected to go low from high in 2020," said Meng Wei, a spokeswoman for the National Development and Reform Commission. 

"Compared to new homes, pre-owned home prices better reflect the market situation," said Zhang.

"China's economic development is a process of actively integrating with economic globalization and constantly expanding its opening up," the NDRC said, adding that with better industrial, policy and legal environments, China has the foundation for opening up at a higher level.

"Compared with traditional venture capital, CVC has the advantages of a longer investment cycle and higher risk tolerance, and it can offer startups with more value-added service," he said.

"China's central bank, the China Banking Regulatory Commission, and the State Council have all taken explicit actions in 2017 to reduce the expansion of debt - especially the mounting indebtedness of State-owned enterprises," said Roach in a recent interview with Xinhua.