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China's economy recovered more than expected in the second quarter, thanks to a sharp rebound in domestic demand and better-than-expected exports, said Wang Tao, chief China economist at Swiss bank UBS.
China's consumer price index (CPI), a main gauge of inflation, has been running below 3 percent for four consecutive months, with August's increase being the smallest in nearly 17 months.
China's internet development is and will always be centered on people. Since the COVID-19 outbreak, there has been a growing demand for e-commerce, online education, online disease diagnosis, online entertainment, and work from home. These requirements have spurred digital services in the respective sectors, said Xia.
China's city commercial banks recorded 32.9 trillion yuan in total onshore assets by the end of August, up 7.9 percent year-on-year, accounting for 12.9 percent of the industry's total.
China's first issuance of 4 billion euros (.4 billion) in sovereign bonds in France, the nation's largest foreign-currency-denominated bond offering ever, will encourage investment of more funds from Europe in Chinese government and corporate sectors, market participants said.
来源：资阳报