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As the most active and fastest-growing investor in Egypt in recent years, China has so far invested more than 7.5 billion dollars in Egypt, he noted.

As the e-book battle between Apple and the U.S. Justice Department?continues in court this week, new reports are out showing the rapid growth of the e-book market itself.

As the news portal reported, Shanghai, the No 1 city in terms of total retail sales of consumer goods from 2016 to 2019, still ranked first in first five months this year, with total consumption volume registering 549.92 billion yuan (.53 billion), becoming the only city nationwide with social spending exceeding 500 billion yuan. In May, Shanghai's total retail sales of consumer goods hit 129.07 billion yuan, increasing 0.6 percent from the previous year, and the monthly growth rate turned positive.

As to the future development of the China-Europe Railway Express, Alain Labat, vice-president of the New Franco-Chinese Institute, said it depends essentially on two factors. "First is the necessary improvement of France's export capacities to re-balance all of its foreign trade, and the second concerns the growth of Chinese imports from France," he said.

As the world's largest investor in renewable energy, "what China has done is identifying these areas as strategic industries and (China has) poured a tremendous amount of money, mostly for subsidies (into them)," said Barbara Finamore, founder of the China Program at the Natural Resources Defense Council, a New York-based, non-profit international environmental advocacy group.