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China is a big paper user and producer. According to the China Paper Association, China produced 9.2 million tons of household paper in 2016, up 4 percent from a year ago. Consumption of household paper during the same period was 8.5 million tons, a yearly increase of 4.5 percent.
China is likely to achieve its goal of reducing coal capacity by 500 million metric tons well ahead of the planned three to five years target, said Jiang Zhimin, vice-president of the China National Coal Association.
China is taking the lead thanks to innovative measures, as the launch of crude oil futures is making up for the lack of a crude oil benchmark in Asia, giving companies in the real economy a bargaining tool when importing crude, she said.
China is the largest source of foreign investment in Nepal while the country recorded economic growth of 6.5 percent last year and the World Bank has predicted the growth rate to reach 7.5 percent this year.
China is moving toward an economy boosted by consumer spending, innovation and services, reducing reliance on investment and exports of low value-added goods, boosted by strengthened efforts in innovation and research.
来源：资阳报