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China's defense sector is taking bold steps to be more competitive and innovative, as it prepares to mark the 90th anniversary of the founding of the Chinese People's Liberation Army on Aug 1.
China's foreign exchange reserves, affected by the US interest rate hike in December 2015, fell by 3.8 billion in the fourth quarter of 2015. But the US interest rate hike in March had little effect on China's foreign exchange reserves, which dropped by only .4 billion in the first quarter.
China's largest e-commerce company Alibaba has continued to grow at an exceptional rate, growing 53 percent year-on-year to achieve a brand value of .6 billion.
China's entrepreneurs have become the world's second largest billionaire group over the past five years, overtaking Russia's, according to a new report.
China's financial services industry has been expanding at a swift pace. It is estimated that the technology spending market for Chinese financial institutions totaled .3 billion.
来源：资阳报