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China's retail sales, which posted their first positive year-on-year growth last month, remained the weakest link as other economic indicators, such as investment and industry, pointed a more robust recovery in August.
China, with its Belt and Road Initiative launched in 2013, and also the Beijing-headquartered Asian Infrastructure Investment Bank, which opened in 2016 and has 87 member countries, is one nation which has prioritized and led the way on infrastructure.
China's well-funded Belt and Road Initiative has rolled out with thousands of Chinese enterprises going all out in the vast, new market created by participating countries and beyond. The vast overseas market will become a giant pool of capital, with trillions of dollars of overseas investment and financing in the coming years, experts projected.
Chinese Premier Li Keqiang holds talks with visiting German Chancellor Angela Merkel, at the Great Hall of the People, in Beijing, capital of China, May 24, 2018. [Photo/Xinhua]
China's service trade deficit has narrowed significantly, according to Gao Feng, the ministry's spokesman. In July, the figure decreased 30 percent month-on-month and 1.8 percent year-on-year to 141.5 billion yuan (.8 billion).
来源：资阳报