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China's investment in 5G technology is expected to exceed one trillion yuan (5 billion) in the next five years, driving the total economic output to more than 10 trillion yuan, People's Daily reported on Wednesday.
China's global outbound direct investment, which includes corporate mergers, acquisitions and start-ups, reached nearly .4 trillion by the end of 2016.
China's consumption growth and e-commerce development contributed to a rise in consumer loans, which in turn fed consumption-related ABS issuance growth.
China's economy must accelerate its upgrade, adjustment and innovation, Li said. "Today we are in a metabolic transition, and it's also the 'growing pain' of the Chinese economy."
China's giant personal computer maker Lenovo Group Ltd posted a quarterly loss on Friday－blaming higher costs and sluggish sales in the personal computer and smartphone market.
来源：资阳报