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China's new bank lending moderated in April after surging in March, amid indications that more monetary policy measures would be rolled out to counter headwinds from global trade uncertainties.
China's digital economy already reached over 27 trillion yuan (.99 trillion) in 2017. It is the mainstay of China's future.
China's export of steel products dropped 5 percent to 50.31 million tons for the first nine months of the year, according to CISA data.
China's determination to climb the technological curve is shared by many business leaders. Oliver Steil, CEO of TeamViewer, a leading provider of remote connectivity solutions, said he is impressed by the speed of development in China, as well as the commitment and courage to invest in technology and bring it to scale.
China's five-year treasury bond futures closed higher on Friday. [Photo/Sipa]
