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China is expected to invest trillion in power generation over the next 25 years, according to a recent report released by Bloomberg New Energy Finance or BNEF.
China has sophisticated production lines for high-tech products, and it may take years or even decades to set up such lines elsewhere. "The question is, are you really going to save money in doing so?" Seyedin said.
China has signed currency swap agreements with 21 countries along the Belt and Road, six of which have RQFII (RMB Qualified Foreign Institutional Investors) quota.
China is seeking a transition to an innovation and service-driven economy from one heavily reliant on investment and exports of low-value-added goods, and advance first-quarter reports showed that some new growth engines are picking up momentum.
China has reiterated the principle that "houses are for living in, not for speculation." While curbing housing speculation, the country will also implement city-specific policies in the sector, according to this year's government work report.
来源：资阳报