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China's highly specialized industrial clusters and very good infrastructure are an essential part of the global supply chains that have increased world productivity over the last few decades. This type of globalization has been a boon to the world.
China's new vehicle market began sliding in the second half of 2017 and the China Association of Automobile Manufacturers expects the downward trend to continue well into 2020.
China's local governments are also working to attract private capital into cash-strapped strategic emerging industries, which have found it difficult to get bank loans as many start-ups are yet to turn patents and intellectual property into profits.
China's economy grew 6.9 percent in the first quarter, up from 6.8 percent the previous quarter and above the 2017 target of around 6.5 percent.
China's financial institutions made a net overseas investment of .1 billion during the period.
来源：资阳报