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"China resolutely follows the path of peaceful development and upholds a defense policy that is defensive in nature," he said. "China's military spending is open, transparent, and grows at a moderate level."
"China's economy has maintained a momentum of steady and sound development. And the long-term positive trend of the economy has not changed," said Meng Wei, a spokeswoman for the National Development and Reform Commission.
"China's textile industry saw robust development in the decade before and after its entry to the World Trade Organization in 2001, largely thanks to foreign trade," she said. "But low-quality Chinese textiles had begun to lose their price advantage in global markets by the time I graduated. It was then I realized that high-end textile manufacturing would be a new trend."
"Consumption plays a fundamental role in China's economic development and is the primary driving force behind the economic growth," said Ning Jizhe, head of the National Bureau of Statistics, adding that the steady growth in the income of residents will boost consumption.
"Consumer discretionary, consumer staples and healthcare are likely to benefit more from foreign inflows, as we find that foreign investors have persistently favored these sectors in their positioning," said Gao Ting, head of China Strategy at UBS Securities.
来源：资阳报