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"China will keep improving the market-oriented foreign exchange regime and maintain flexibility of the yuan exchange rate, generally at a reasonable and stable equilibrium this year," said Wang Chunying, spokeswoman of the State Administration of Foreign Exchange, the country's foreign exchange regulator.
"China's vision to promote FTZs will play a huge role in attracting foreign capital. The country's economy will be more tenacious with a stable growth on foreign capital and trade, sound infrastructure, labor force and other industrial matching abilities," said Huo Jianguo, vice-chairman of the China Society for WTO Studies.
"China will not move anyone's 'cheese,'" Wang said on the sidelines of the annual session of the National People's Congress. "China and LAC are helping and supporting each other as fellow developing countries."
"Chinese producers have been going overseas to seek mining resources such as iron ore to ensure stable and low-cost supplies, as the nation sees its dependency rate on imported iron ore exceeding 80 percent," said Zhu.
"China's demand for IDCs will see a rapid rise as the country expedites the use of 5G and internet of things technologies. We expect the market volume of China's IDC industry to grow around 30 percent year-on-year from 2019 to 2020, hitting 200 billion yuan (.5 billion) in 2020," Wang said.
来源：资阳报