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China's Foreign Investment Law, adopted in March, is a positive step forward, Collins said, adding that the company has been encouraged by it. "We are working to understand the law and make sure we are able to follow all of the elements in it."
China's PPI dropped 0.8 percent year-on-year in August last year, but has returned to positive territory. In the first quarter of this year, China's GDP growth was 6.9 percent, beating market expectations and laying a solid foundation for China to meet its pre-set annual growth target of around 6.5 percent for this year.
China will speed up technological research on the construction and application of digital infrastructure, a senior Ministry of Industry and Information Technology official said on April 17.
China's GDP growth slowed to 6.6 percent year-on-year last year and it is expected to continue facing strong headwinds this year.
China's central State-owned enterprises saw their net profits surge 26.5 percent year-on-year to 226.4 billion yuan (.9 billion) in the first quarter of this year, thanks to measures including mixed ownership reform, the nation's top SOE regulator said on Thursday.
来源：资阳报