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Chinese Premier Li Keqiang said last Tuesday at the Summer Davos Forum that China will remain firmly committed to opening-up and building an open economy of higher standards.
China's producer price index (PPI), which measures costs for goods at the factory gate, rose 6.4 percent year on year in April.
Chinese FDI in the US plunged 36 percent to .4 billion in 2017 from .2 billion in 2016 and was expected to decline further in 2018, partly due to China's control on capital outflow and partly due to the increasing US government restrictions on Chinese FDI into the US, according to a report by Rhodium Group and the National Committee on US-China Relations.
China-Africa relations could also go beyond debt relief and medical aid in the future, he said. For example, China could help Africa develop its capital markets, which would make it easier for local companies to raise funds from the public.
China's structural reforms also come with pain. China will have to relocate 500,000 laid-off workers from glutted industries such as steel and coal, an arduous task requiring determination and intelligence.
来源：资阳报