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China's capital market, whose valuation is currently at a low level, has long-term investment value, Wang Xinjie, investment strategy director of Wealth Management Department at Standard Chartered China, told the newspaper.
China's Consumer Confidence Index (CCI) reached 112 points in the second quarter of 2017, up two points from last quarter and the highest score since Q4 2013, according to the latest survey from global market research firm Nielsen.
China's auto market, hit by COVID-19, began to recover in April thanks to unleashed pent-up demand and encouraging policies, with sales rising 4.4 percent year-on-year. This ended a contraction streak over the past 21 months, according to CAAM.
China will uphold the central role that innovation plays in modernizing the country and turn self-reliance in science and technology into a strategic pillar for national development, according to the communique of the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China, which was released on Thursday.
China's Ambassador to Belgium Cao Zhongming speaks on Wednesday at the HEC Liege, the management school at the University of Liege, Belgium. [Photo provided by Dai Yujun/China Daily]
