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Chinese children are surfing the web earlier in life, with almost 75 percent saying they first used the internet before the age of 10. [Photo/IC]
Chinese banks are operating more prudently and their ability to withstand risks has already improved under the current environment of stringent regulation, Xie noted.
Chinese people's consumption of services has been steadily rising over the past two decades. Use of transportation and telecommunication services, for example, accounted for 18 percent of urban residents' total consumption in 2018, up from only 7 percent in 1998, according to a report by Moody's Investors Service. Residential expenditures for services in education, culture and entertainment and healthcare also increased substantially in the past 20 years.
Chinese bike-sharing titan Mobike Technology Co Ltd and World Resources Institute on Friday released the world’s first report on shared bikes and the sustainable development of cities.
Chinese investors should be fully prepared, paying close attention to sectors that support structural adjustment, transformation and upgrading, such as telecommunications, media and technology (TMT), health and life sciences and advanced manufacturing sectors, said Chow.
来源：资阳报