"In the short term, a lot of cities will have to landfill these recyclables, since the US does not yet have a big enough demand for these recyclables in our manufacturing sector," Turner said. "It is possible that this could force bigger conversations about how our consumers should lessen their use of plastics, but as you know this will be a tough change for Western countries and China."
Xi said measures would be taken to raise foreign-equity caps in the banking, securities and insurance industries, accelerate the opening-up of the insurance industry, ease restrictions on the establishment of foreign financial institutions in China, expand their business scope and open up more areas of cooperation between Chinese and foreign financial markets.
This was the first time for a Chinese president to take a public oath of allegiance to the Constitution upon assuming office.
Including Senegal, the report praises the four countries for improving their performance for five consecutive years since 2010.
The term "head-of-state diplomacy" was mentioned by Xi as he hosted visiting President Donald Trump of the United States in November.
The Chinese mainland is ahead of India and Indonesia in technology and innovation. However, Brazil and Turkey, which according to the report showed great potential in the early 2000s, have lost ground.
"Our policy on this subject is very clear. We are leaving the Customs Union and will establish a new and ambitious customs arrangement with the EU while forging new trade relationships with our partners around the world."
Shen also said to speed up review and protection process, more IPR centers will be established this year to allow right owners to safeguard their rights more efficiently with lower cost.