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China's expenditure on technology research and development rose 10.6 percent to 1.57 trillion yuan (8.1 billion) in 2016, the fastest annual growth since 2014, as the nation increases its investment in new driving forces to stabilize the economy.
China's financial opening up can be seen as part of the country's efforts to honor its commitments to the World Trade Organization, as well as a move that enables it to integrate with global markets, Lin said, adding that the pace was quicker than expected and the progress was "universally recognized."
China's economic growth is shaking off the impact of the COVID-19 pandemic to lead the world, CNBC said at its Q4 Global CFO Council Survey on Wednesday.
China's leading property developer Vanke posted a 24.9 percent year-on-year increase in net profit in the first half of the year. [Photo/IC]
China's manufacturing sector in March stayed above the boom-bust mark for the eighth month in a row, and the non-manufacturing sector continued to expand, nearing a three-year record high, according to the National Bureau of Statistics.
来源：资阳报