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China is opening up its economy to more foreign investment, and a number of key foreign-funded projects are expected to be launched this year in fields such as electronic information, new materials and advanced manufacturing, the country's top economic regulator said on Sunday.
China holds one-third of the world's coal reserves and this accounts for around 70 percent of the nation's basic energy needs.

China in recent years became known for leading the adoption of mobile payment methods within its own borders. As its citizens got used to pay for almost everything with their smartphones and do away with cash, Santander said Europe needs to catch up with the trend by "enabling Chinese payment solutions" such as China UnionPay, Wechat Pay and Alipay.
China is considered as the biggest trading partner of Iraq, while Iraq is the second biggest oil supplier to China and the fourth biggest trading partner of China in the Middle East, the Chinese envoy added.
China has successfully launched billion worth of dollar-denominated sovereign bonds in the Hong Kong Special Administrative Region on Thursday, including billion of five-year bonds and billion of ten-year bonds, which attracted a wide range of global investors.
来源:资阳报