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As both domestic and external environments have undergone significant changes, China should further promote the two-way opening-up of the financial sector at a higher level and enhance the sector's competitiveness and capabilities of participating in global financial governance, he added.
He attributed the stable growth in foreign investment to the country's globalized industrial system and vast market with huge potential, saying China boasts great competitiveness in the global industrial chain.
Alfred Schipke, IMF Senior Resident Representative for China, said it would be important to strengthen policy frameworks and foster capacity development in China and in partner countries.
According to the General Administration of Customs, China-U.S. goods trade dropped 9.6 percent year on year to 1.42 trillion yuan (about 206 billion U.S. dollars) during the period.
Therefore, wielding the tariff stick to fix trade imbalance was a wrong move for the United States, Zhuang pointed out.
来源：资阳报