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China's largest e-commerce company Alibaba has continued to grow at an exceptional rate, growing 53 percent year-on-year to achieve a brand value of .6 billion.
China's globalization "is based on more equal cooperation", and features a focus on South-South cooperation between developing countries, including itself, he said.
China's consumer markets are already heavily integrated with the world and penetration by multinational corporations is considerable. Across the 10 large consumer categories, their average penetration was 40 percent in 2017, compared with just 26 percent in the United States.
China's direct investment in countries and regions that are part of the Belt and Road Initiative is estimated to reach billion in 2020, up 100 percent from the levels seen in 2014, according to a new report from Commerzbank AG, Germany's second-biggest bank by assets.
China's foreign exchange market maintained a basic equilibrium in October, according to SAFE data, indicating a balanced supply and demand relationship. Cross-border capital flows also remained stable, including an equilibrium of foreign exchange settlement and sales by banks－a deficit of .4 billion in October, lower than the average of the first nine months.
来源：资阳报