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China will inject around 10 billion yuan (.52 billion) over the next three years to support the development of industries involved in the Made in China 2025 strategy, a blueprint for upgrading the country's manufacturing sector, the Economic Information Daily reported Thursday.
China's GDP growth is expected to reach 6.6 percent this year, dipping 0.1 percentage point year-on-year, and it will stay within a stable and reasonable growth range, according to a forecast released by the Chinese Academy of Social Sciences on Friday in Beijing.
China's GDP expanded an annualized 6.9 percent in the first three quarters of 2017. Q3 was the ninth straight quarter of growth over 6.7 percent.
China will extend tax exemptions for new energy vehicle purchases for another two years in a bid to boost consumption and stabilize the virus-hit economy, authorities announced on Wednesday.
China's Belt and Road Initiative (BRI) presents immense economic opportunities for US businesses, which should take advantage of them by participating in the international effort, experts said.
来源：资阳报