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China's investments in Africa assist the region's diversification of economies, he said, adding that China has the advantages, potential and opportunities to invest in different sectors and use its capacity to benefit both Africa and itself.
China's consumer price index posted the first year-on-year drop in 11 years last month, as pork prices declined while nonfood prices remained subdued, the National Bureau of Statistics said on Wednesday.
China's leverage ratio narrowed by 1.1 percentage points in the first quarter of the year from the same period last year, while enterprises saw their debt gauge 2.4 percentage points lower and governments' down 0.7 percentage points.
China's equity market, however, experienced net capital outflows of 179.9 billion yuan (.43 billion), compared with a net inflow of 193.5 billion yuan in the first quarter of last year, official data showed. The global equity markets at the same time suffered the fastest drop in history and the asset price declines reached about half the magnitude seen in 2008 and 2009 at the worst point of the sell-off.
China's economic transformation will continue to drive domestic demand and market expansion. For the United States, China is a great investment market which is still expanding, Wang said.
来源：资阳报