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China to continue reforms, opening-up
China will be able to achieve its annual fiscal budget goals, although the unprecedented 1 billion tax and fee cut plan will constrain income, a top government official said on Tuesday.
China ranked 17th in terms of "most innovative economies" in the annual Global Innovation Index released in July by the World Intellectual Property Organization and Cornell University in the US, the deputy director said.
China will also expand the outbound schemes Qualified Domestic Limited Partner or QDLP and Qualified Domestic Investment Enterprise or QDIE, which are being piloted in Beijing, Shanghai and Shenzhen.
China utilized 70.36 billion yuan (.9 billion) of foreign investment in April, up 11.8 percent year-on-year, the Ministry of Commerce said.
来源：资阳报