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China's major economic indicators weakened slightly in July, but analysts said the trend of stable growth remains and will carry into the second half of the year.
China's newly adopted Foreign Investment Law represents progress, as it gives all businesses a clear operating environment, president of Merck China Allan Gabor said during an interview at the China Development Forum on Saturday.
China's economic policies have raised a larger number of people out of poverty in a shorter period of time than any other recorded period in history.
China's over-supplied steel sector has experienced years of plunging prices and factory shutdowns due to a sluggish economy. However, with an upward trend in prices since the start of 2016, many steel mills are resuming production.
China's economic fundamentals, he said, are sound and its financial risks are generally controllable. "The Chinese economy has entered a phase of high-quality development, with a stable international balance of payment and generally balanced cross-border capital flow."
来源：资阳报