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China's express delivery industry expects to surpass 860 billion yuan in revenue this year, with the industry reaching its peak in the middle of this year, People's Daily reported on Monday.
China's economy is one of the fastest growing economies in the world, with recorded growth of 6.7 percent in 2016, compared to 1.6 percent of the US, according to the IMF's Economic outlook. A new study by PricewaterhouseCoopers says China is projected to overtake the US as the world's largest economy by 2050, India will rank second, while the US will slip to third. This trend is intensifying the trade competition between China and the US. While the West views Africa as a trouble spot of instability and a source of illegal immigrants, China eyes Africa as an economic partner.
China's economy grew at an average speed of 7.1 percent during the period, becoming a growth engine and stabilizer for the world economy.
China's convincing performance during previous regional and global financial crises testifies to the resilience of its financial sector, with the country acquiring experience in fighting risk.
China's export of services amounted to 1.1 trillion yuan, up 9.5 percent year-on-year, while imports came in at 1.99 trillion yuan, the ministry said in a statement.
来源：资阳报