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China's economic and financial market reforms, the Belt and Road Initiative, the rapid development of the new economy sectors, and RMB internationalization have all presented significant opportunities for JP Morgan and its clients, which have a long-term strategic approach to their business in the country, he said.
China's foreign trade has always been in line with market principles and conducted fairly. The US buys more from China than it sells, and it also has self-imposed restrictions on exports of some products, which has naturally resulted in deficits, he said.
China's foreign trade in the first seven months totaled 15.46 trillion yuan, up 18.5 percent year on year. The economy saw a 7 percent dip in foreign trade volume in 2015 and a 0.9 percent decline in 2016, due to sluggish overseas demand.
China's major grain-supplying areas have entered harvest season, and Jia Jianyu, a 36-year-old farmer in Henan province, is busy picking honeydew melons. He once lived below the poverty line.
China's largest tech corporations join a plethora of major names that are buying into the smart factory unit of Foxconn Technology Group, Apple Inc's most important assembler.
来源：资阳报