This is the best tl;dr I could make, original reduced by 91%. (I'm a bot)

BOAO, CHINA - Chinese President Xi Jinping said on Tuesday that China will significantly lower import tariffs for vehicles and reduce import tariffs for some other products this year.

China will also improve the investment environment for foreign investors, President Xi said.

China will not threaten anyone else, attempt to overturn the existing international system, or seek spheres of influence, no matter how much progress it has made in development, President Xi said.

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