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"China offers tremendous opportunities in many sectors for Canadian businesses of all sizes to diversify their trade and investment, creating good middle-class jobs for Canadians in the process," he said.

"China is a big retail country, whose strong purchasing power is hidden in lower-tier cities," said Zhang Xun, managing director of Accenture Strategy in China, adding the growth of retail sales in third-tier cities and below reached about 15 percent in 2017, compared with 7 percent in first-tier cities.

"But we have never received any additional or special treatment," Huawei said, "Our working capital primarily comes from our own business operations and external financing, rather than government subsidies. Over the past 10 years, 90 percent of our working capital has come from our business operations. Huawei's external financing follows all market rules, and our cost of debt aligns with market standards."

"China Electronics Corp has strong advantages in modern digital urban industrial control systems and other related sectors, and Qi An Xin has rich experience in fields including network security solutions, cloud computing and big data. Under the partnership, the two will help better safeguard the network security for the informatization of various industries," Qi said.

"China and the UK should foster new highlights in financial cooperation and improve global economic governance to inject new vitality to our bilateral relations," Hu said.