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China's macroeconomic policy in the second half of the year still has room to be strengthened, especially with regard to fiscal and monetary policy. There is plenty of discussion on this issue. For example, in terms of monetary policy, the RRR is about 9 percent to 10 percent, which is higher than that in many major economies. Some countries have even abandoned such an indicator. The RRR in China was once as low as around 6 percent, so there is still a lot of room to reduce the ratio.
China's investment in Africa has also seen strong growth, as the ministry's data show that more than 3,700 Chinese companies had set up branches in Africa by the end of 2018, bringing over billion to the continent.
China's energy intensity, the amount of energy consumed per unit of GDP, decreased 3.8 percent year-on-year in the first quarter of 2017, according to the National Bureau of Statistics.
China's foreign trade volume increased by 21.8 percent year-on-year to 6.2 trillion yuan in the first quarter of 2017, according to the General Administration of Cutoms.
China's oil and gas sector is dominated by three state-owned heavyweights: China National Petroleum Corp (CNPC), China Petrochemical Corp (Sinopec) and China National Offshore Oil Corp.
来源：资阳报