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China also experienced a comparable trend of modernization. So, property companies' experience in the China market will likely give them a head start in those markets compared to competitors from developed countries, he said.
China aims to eradicate absolute poverty by 2020. As the deadline approaches, the country is focusing on the nation's poorest people, who mainly dwell in deep mountains with adverse natural environments and backward infrastructure, or have special needs.
China Merchants Bank's account managers explain loans for small businesses to a hardware retailer (left) in Tianjin.[Photo provided to China Daily]
China International Capital Corporation echoed the forecast in a report, noting that the CPI might stay muted in the near term, as agricultural supply side reform might continue to depress food prices and the headline CPI until the fourth quarter, which lowered the probability of aggressive monetary tightening.
China aims to eradicate poverty by the end of 2020, the target year to complete the building of a moderately prosperous society in all respects.
来源：资阳报