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Chinese policymakers are dealing with the hard dilemma of simultaneously transforming the long-term nature of the economy while avoiding short-term inflation or recession. To transform the economy, the nation needs to continue to reduce outstanding debt levels and shift from overcapacity heavy and extractive industries to a more innovative, consumer-focused economy. The danger is that moving too fast in that direction could throw lots of people out of work or cause the financial collapse of companies.
Chinese billionaire Jack Ma, the co-founder of the online retail giant Alibaba. [Photo/Agencies]
Chinese companies enlarged investment on cloud security as cloud computing has become prevalent in the country, industry experts said on Thursday.
Chinese officials said the country's economy is recovering steadily, but warned demand for products from small companies needs to improve, according to NHK.
Chinese investors' overall positive sentiment increased to 40 points this year, compared to 33 points in 2017, according to the survey. The reasons behind the investors' sunny outlook include their belief in new opportunities brought out by China's economic reform, on top of a positive forecast for the global economy.
来源：资阳报