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China's fixed asset investment is set to stabilize this year, as mining, middle and high-end manufacturing and other fields are likely to be popular investment targets, according to the country's top economic regulator.
China's foreign exchange reserves rose for the 12th straight month to reach .2 trillion at the end of January.
China's growth is estimated to stay at 6.1 percent in 2019, before moderating to a projected rate of 5.9 percent in 2020, the December 2019 edition of its China Economic Update said on Thursday. The GDP growth slowed to 6 percent year-on-year in the first three quarters, down from 6.6 percent in 2018.
China's outbound direct investment volume from the nonfinancial sector increased 7.8 percent year-on-year to .09 billion in the first eight months of this year, while Chinese companies invested in 4,309 businesses in 153 countries and regions throughout the world.
China's gross domestic product (GDP) expanded 6.7 percent year on year in the first three quarters of 2018 to about 65.09 trillion yuan (.38 trillion), the NBS data also showed.