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China's fiscal deficit increased from 2.18 trillion yuan in 2016 to 2.76 trillion yuan in 2019. This year, it was raised to 3.76 trillion yuan to mitigate the negative effects of the COVID-19 pandemic. The fiscal deficit ratio has risen to 3.6 percent of GDP this year, the highest level since the founding of the People's Republic of China in 1949, according to the ministry.
China's outbound tourism has witnessed great developments since the reform and opening-up policy was adopted in 1978.
China's non-financial corporate leverage ratio declined for the third consecutive quarter to 165.3 percent in the first quarter this year, the BIS data showed.
China's economy beat market expectations to grow by 6.4 percent on a yearly basis in the first quarter, virtually unchanged from the GDP expansion in the previous quarter.
China's new Cybersecurity Law, which comes into effect on Thursday, will not limit data flow or affect world trade, the cybersecurity watchdog has said.
来源：资阳报