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China's insurance market is promising growth and foreign investors are upbeat on the market, said Wang Xiangnan, secretary-general of Research Center for Insurance and Economic Development under Chinese Academy of Social Sciences.
China's faster rebound is a rare positive for a global economy still clawing its way out of its worst slump since the Great Depression. The International Monetary Fund sees global output by the end of 2021 being 0.6 percent higher than the end of 2019, driven almost entirely by China, Bloomberg reported, and the proportion of worldwide growth coming from China is expected to increase from 26.8 percent in 2021 to 27.7 percent in 2025.

China's government has declared AI research to be the national strategy, which will reshape its economy in healthcare, manufacturing, finance, education and service industry, Liang said, adding China's solid manufacturing base and logistics system whet its competence as America's competitor.
China's consumption remained strong in the third quarter, fueled by the stable economic environment, data from market measurement and data analytics company Neilson showed.
China's non-financial outbound direct investment (ODI) went down 0.6 percent year-on-year in the first nine months of the year. [Photo/]
来源:资阳报