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China's economic prospects remain robust despite sluggish global growth and the ongoing trade friction with the United States, officials and economists said on Friday.
China's overall liabilities, including shortfall in social security funds and contingent debts, rose by 70 percent to reach 70 trillion yuan from 2010 to 2015, the report said.
China's foreign trade, including imports and exports, has witnessed rapid growth since the beginning of the year, and the boom could continue through the second half, said Liang Ming, director of the institute of international trade at the Chinese Academy of International Trade and Economic Cooperation, an institution affiliated with the Ministry of Commerce in Beijing, People's Daily reported.
China's high growth in the wake of the 2008 financial crash reflected its high economic growth potential and the strong growth momentum helped by its full-fledged entry into the global economic trading system in 2001, but it also reflected the very effective policy response to the shock of the crisis, the expert said.
China's major stock indices closed lower Monday, with the benchmark Shanghai Composite Index down 2.58 percent at 2,933.36 points.
来源：资阳报