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China's consumption upgrade is bringing glad tidings to the stock market as shares in related companies have been rising of late.
China's first free trade zone was set up in Shanghai in 2013. Then the country added four more batches of FTZs, including the coastal provinces of Fujian and Guangdong and the inland provinces of Shaanxi and Sichuan.
China's foreign trade with the EU jumped by 4.7 percent on a yearly basis to 4.05 trillion yuan (0 billion) during the first 11 months of this year, according to the latest trade figures unveiled by the General Administration of Customs.
China's economy is currently transitioning from a phase of rapid development to a new stage of high-quality development, with a focus on innovation-driven economic growth and upgrade of the economic structure. The government has initiated a series of policies on digital transformation to catch up with advanced economies and inject new impetus into the economy.
China's oil and gas exploration sector has been long dominated by State-owned enterprises, including China National Petroleum Corp, the country's biggest oil and gas company, and China Petroleum and Chemical Corp, the world's largest refiner by volume.
来源：资阳报