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China's investment in fixed assets rose 8.9 percent year on year in the first four months of 2017, easing pace from 9.2 percent in the first quarter but reflecting the ongoing restructuring of the economy, as investment growth rate in the service sector far exceeded the industrial sector.
China's first cross-sea bridge accommodating both vehicles and railway traffic-the longest of its type in the country-has started its static load tests and is expected to open to traffic by the end of this year, according to the China Railway Nanchang Bureau Group.
China's economic recovery is forecast to accelerate in the year's second half on the back of strong domestic policy support and the reopening of overseas markets. GDP growth is likely to rebound to about 5 to 6 percent in the second half while the growth rate is predicted to rise to around 7.5 percent next year, according to analysts with UBS Wealth Management.
China's daily new confirmed cases of novel coronavirus infection outside Hubei, the epicenter province of the outbreak in China, had dropped for 14 consecutive days to March 3, but experts remained cautious, calling for continuing efforts to strengthen coronavirus research and containment.
China's forex market is easily influenced by irrational expectations and spurred by inertia, due to a certain level of "pro-cyclicality," which distorts market demand and supply, and magnifies the risk of exchange rate overcorrection, the CFETS said in a statement.
来源：资阳报