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"China has launched an ambitious initiative to develop a vibrant green finance sector in a short period, and its efforts are driving change at home and abroad as countries seek innovative means to finance their own efforts in green development and to mitigate climate change," Lehr said.

"China has deepened and widened the opening-up of its financial sector by issuing licenses to foreign investors, allowing them to establish wholly owned companies or take a controlling interest in joint ventures in major business segments of the financial sector. It means that foreign investors can make better use of what they put great emphasis on－their management capabilities and management authority," said John Qu, senior partner at McKinsey, at the 2020 Global Wealth Management Forum in Beijing.

"China and the US are important trading partners to each other," he said, adding that they are highly complementary in the field of agriculture and are natural partners, and that expanding agricultural cooperation is mutually beneficial.

"But production has still declined by around 500 million so far this year compared to 2016," Cao added, declining to disclose the exact number minted or overall coin production.

"Buyers are basically paying for a power battery, as the battery in an electric car is so expensive that it makes up about half of the production cost," he said in an earlier interview.