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China's exports and imports returned to growth trajectories in January thanks to timely policies promoting steady trade growth and the country's growing demand for industrial materials and commodities, officials and analysts said on Thursday.
China's leadership has explained the "new development paradigm "as a model that shifts economic growth drivers from factors of production to innovation, and from investment alone to both consumption and investment.
China's market entities have surpassed 100 million units in mid-March this year, including over 31 million enterprises. "The increasing number of market entities indicates that China's market vitality is increasing. The supply-side structural reform in the past two years has achieved substantial progress. The government's administrative reform and transform government functions, especially some measures to reduce cost and improve the business environment had positive progress," Niu said.
China's new energy vehicle output and sales remained robust throughout 2017. A total of 794,000 new energy vehicles were produced and 777,000 were sold across China, up 53.8 percent and 53.3 percent year-on-year, respectively, according to the China Association of Automobile Manufacturers.
China's high-tech giants have already entered the South Asian market. Tencent Cloud, the cloud business division of Tencent Holdings Limited, has established overseas services nodes in India and a data center in Singapore to provide "secure and cost efficient" IT infrastructure.
来源：资阳报