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China's economic relationship with the region has deepened in the past decade, and the improved trade is the most obvious indicator of the closer relationship, the research house highlighted.
China's non-financial outbound direct investment in 45 countries related to the Belt and Road Initiative over the first four months of 2017 has reached .98 billion (27.4 billion yuan), an official from the Ministry of Commerce said on Wednesday.
China's modest 2020 military budget growth is "reasonable and necessary" to address security issues both at home and abroad, while striking a balance with the nation's economic development, Senior Colonel Wu Qian, spokesman of the Ministry of National Defense, said on Tuesday.
China's financial system is stable, with the systemic risk under control thanks to the steady growth of social financing and strengthened profitability in listed companies in the first half of this year, Guo Shuqing, Party secretary of the People's Bank of China, the central bank, and chairman of the China Banking and Insurance Regulatory Commission, said in a Thursday interview with the bank's newspaper, Financial News.
China's insurance industry reported 4.3 trillion yuan (about 4.29 billion) of premium income in 2019, up 12.2 percent year on year, official data showed. [Photo/Sipa]
来源：资阳报