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China had messaging apps related to cryptocurrencies removed from online stores, while administrative departments related to industry and commerce were asked to revoke the business licenses of companies engaged in virtual currency transactions.
China created more than 13 million new urban jobs annually for four consecutive years in 2013-2016. New jobs created in the first eight months of this year stood at 9.74 million.
China has been undergoing an economic transformation and updating its technology over recent decades. Huang said that had encouraged a large number of multinational companies to set up branches or facilities in the country, bringing more business opportunities for ANZ.
China has launched supply-side structural reform with more efforts focusing on cutting overcapacity, reducing excess inventory, deleveraging, lowering costs, and strengthening areas of weakness.
China has about 19,000 courier companies, most of which are vulnerable small businesses in a fragmented market. Capital inflow is revving up competition and forcing out players.
来源：资阳报