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China's household wealth will rise to .8 trillion by 2028, surging 120 percent from 2018, according to Global Wealth Migration Review 2019, published by the research company New World Wealth.
China's equity market, however, experienced net capital outflows of 179.9 billion yuan (.43 billion), compared with a net inflow of 193.5 billion yuan in the first quarter of last year, official data showed. The global equity markets at the same time suffered the fastest drop in history and the asset price declines reached about half the magnitude seen in 2008 and 2009 at the worst point of the sell-off.
China's foreign exchange reserves expanded slightly at the end of June to .11 trillion, the foreign exchange administration reported, which also reflected stable capital flows, analysts said.
China's economic growth amid the pandemic is leading the world, and global chief financial officers have upgraded their outlook for China's economy to "Modestly Improving" in the fourth quarter of the year from its third quarter rating of "Stable," according to a recent survey conducted by the CNBC Global CFO Council.
China's offshore wind energy sector is expected to boom this year onward on the back of a maturing onshore segment, and the country's accent on growth via high-quality manufacturing and consumption upgrade.
来源：资阳报