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China's economic growth remains solid and is expected to reach 6.7 percent this year and 6.9 percent in 2018, according to Li Daokui, an economist at Tsinghua University and former member of the People's Bank of China's monetary policy committee.
China's mom-and-pop shops and street stands are adopting mobile payment at a pace comparable to their bulkier counterparts, according to a latest report released by popular mobile wallet WeChat Pay.
China's first new foreign investment law in decades, considered one of the most important legislative items at this year's gatherings of the National People's Congress and the Chinese People's Political Consultative Conference in Beijing, is likely to be passed later this week.
China's outbound investment continues to be weighed down by a number of factors including restrictions on outbound investment from Beijing, strengthened regulatory reviews in the United States and Europe, slowing growth and lower liquidity in the Chinese economy, and geopolitical tensions, according to the report.
China's foreign direct investment (FDI) in the United States fell by more than 80 percent in 2018, and the downturn is expected to continue, given tighter US regulatory screening and policy shifts at home, analysts said.
来源：资阳报