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As we note in our recently released Regional Economic Outlook, the Asia-Pacific region remains the main engine of the global economy, and near-term prospects have improved since our report of October 2017. But there are many risks on the horizon, including a tightening of global financial conditions, a shift toward protectionist policies, and an increase in geopolitical tensions. In addition, over the longer run, Asian economies will face major challenges from population aging and slowing productivity growth, as well as the rise of the digital economy, which could yield huge benefits but also bring major disruptions.
As the first campus store of Tmall started business earlier this month in Chengdu, capital of Southwest China's Sichuan province, Tmall plans to set up 1,000 campus stores in the next one year and reach 20 million consumers in 1,000 colleges and universities within three years, according to a report on Tmall's website.
As the largest developed country, the US is also facing serious challenges on infrastructure, education and healthcare, areas that call for more priority in government spending than the mighty US military.
As smart cities' initiatives using information technology are rolling out in many cities in China, the demand for internet security infrastructure is high.
As regulators are figuring out every means to boost listed companies' quality, the Chinese capital market will definitely play a more vital role in driving the country's real economy and facilitating highly expected quality development, according to officials and analysts.
来源：资阳报