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China's imports and exports were down 9.6 percent year-on-year to 4.12 trillion yuan (0 billion) in the first two months of this year, mainly due to the impact of the global pandemic, according to the General Administration of Customs.
China's cross-border e-commerce sector has been growing exponentially over the past few years as the country's middle and high-income shoppers are demanding increasingly diversified and personalized products and services.
China's financial industry will become more competitive in the wake of the government's decision to further open up the sector to foreign competition.
China's imports from the Yamal project play a significant role in substantially boosting China's oil and gas reserves, ensuring a steady, long-term supply, said Jiang Qi, general manager of the CNPC Russia, a subsidiary of CNPC, the country's largest oil and gas producer by annual output.
China's overall debt-to-GDP ratio -- the macro leverage level -- had dropped to 249.4 percent by the end of 2018, 1.5 percentage points lower than a year earlier, as the authority has tightened financial regulations and cracked down on shadow banking, said governor of the central bank Yi Gang at a news conference during the 13th National People's Congress.
来源：资阳报