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As a result, Chinese investors may see increased after-tax returns from the US investments, and Chinese multinational enterprises may suffer fierce competition from their US counterparts due to the reduction of the US corporate tax rate, said a research note from the KPMG professional services firm.

As companies scramble to realize innovation-driven expansion and embrace automation and digital technologies to improve plants and management, they will be in a better position to handle risks, Qu said, adding that there is no need to worry about China's economy.

As far back as September 2001, Kweichow Moutai Co Ltd applied to register "Guojiu Moutai", or "Moutai the national alcohol", as a trademark, but was initially rejected in August 2002. The company tried a further nine times to register the trademark in 2006 and 2010, but these attempts were also unsuccessful.

As bilateral ties between Tokyo and Seoul have deteriorated owing to issues of trade and wartime historical disaccord, Japan also decided earlier this month to remove South Korea from its "white list" of countries given preferential trade status.

As both China and Russia are facing the threat of hegemonism and power politics, the two countries should continue to firmly support each other on issues concerning respective core interests. China is willing to strengthen dialogues and cooperation with Russia in the Central Asian region, in a bid to jointly safeguard the peace and stability of the neighboring regions of both countries.