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China's eight internet giants - Alibaba, Tencent, Baidu, Xiaomi, JD, ByteDance, Meituan, and Didi - invested more than 350 billion yuan in 419 firms by Dec 26, news portal ThePaper reported on Monday.
China's large-scale tax and fee reduction, including the government's reductions in VAT, one of the important measures for countering downward pressure, all present opportunities for foreign companies like Sabic, and "we will further deepen energy cooperation with old partners while continuing to seek new partnerships for sustainable development," he said.
China's new vehicle market began sliding in the second half of 2017 and the China Association of Automobile Manufacturers expects the downward trend to continue well into 2020.
China's economy has been operating within a reasonable range, maintaining stable, coordinated and sustainable development in the first half, Xing said.
China's information technology sector is developing rapidly. The country's information services sector saw a 76.4-percent annual growth in 2017, official data showed.
来源：资阳报