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China will foster new technologies, new organizational forms, and new industrial clusters while swiftly resolving zombie enterprises, according to Miao.
China's 102 centrally administered SOEs made a combined profit of 825 billion yuan (1.44 billion) during the first four months of 2017, up 24.8 percent year-on-year, according to the Ministry of Finance.

China will further open up in the future. During the Boao Forum for Asia earlier this month, Chinese President Xi Jinping said China will continue to staunchly stay on the path of peaceful development, pursue a mutually beneficial strategy of opening-up, and forge a new type of international relations featuring mutual respect, fairness, justice and win-win cooperation.
China's central bank still faces several challenges in monetary policy operations, Zhu Haibin, JPMorgan chief China economist and head of China equity strategy, told China Daily.
China's attitude on safeguarding national sovereignty and territory integrity is firm and clear, President Xi Jinping said on Wednesday.
来源:资阳报