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China's economy is running in relatively good shape despite the impact from the COVID-19 outbreak, reporting better-than-expected second quarter growth, the country's top economic regulator said on Friday.
China's foreign trade is expected to sustain an upward trend in the near future, as more export-oriented companies focus on developing new levels of competitiveness, according to the spokesman of the nation's biggest trade event.
China's financial industry has grown rapidly in the past years, with its share in the country's GDP reaching 8.4 percent in 2015, up from 4 percent in 2005, according to a Chinese Academy of Social Sciences study.
China's macroeconomic leverage ratio, or the total debt-to-GDP proportion, rose slightly in the first quarter, but the overall leverage level still remained stable, Huang Xiaolong, deputy head of the Financial Stability Bureau of the People's Bank of China, the central bank, said at a media conference on Wednesday.
China's industrial output is expected to rise by around 6.5 percent this year, marking the best performance since 2010, as the Made in China 2025 strategy helps to boost productivity and revenue growth.
来源：资阳报