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As global economic and trade growth slows down, China's economy is predicted to grow 6.1 percent in 2019, according to a blue book report published by the academy.
As cross-border shopping booms, Chinese e-commerce giants investing heavily in logistics to get closer to consumers
As business and social activities return to normal, new users registered on food delivery platforms are increasing rapidly.
As for the South China Sea issue, 55 percent are satisfied with the ongoing consultations on the Code of Conduct in South China Sea, and 57 percent are confident that the negotiations will eventually bring stability and cooperation in the disputed waters.
As explained by Cherrie Shi, senior counsel of legal firm FenXun Partners, major reasons for multinational companies moving their manufacturing bases from China to counties in Southeast Asia include China's rising labor costs, overcapacity in heavy industry, and stricter rules and regulations on environmental protection. On the other hand, technology development and skills of the labor force have improved over time in China.
