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China's manufacturing sector has also embraced cloud computing and AI, giving initiatives such as "Made in China 2025" real meaning. Major cloud operators including Tencent Cloud are building industrial big data platforms for Chinese manufacturers that can connect their facilities globally.
China's consumption has continued its rapid ascent, and would remain the main driver of economic growth, the Ministry of Commerce announced in January.
China's online shopping extravaganza, Singles Day, that ran from Nov 1-11, set a new record this year, with sales on Alibaba's Tmall totaling 498.2 billion yuan (.1 billion). The popular items snapped up this year were more than just lingerie, shoes and hair dryers.
China's corporate debt-to-GDP ratio is high. The ratio went up in part because of the 4 trillion yuan stimulus package announced in 2008. At that time, the money for infrastructure projects was primarily raised by local government financing vehicles, for the central government did not want to see an excessively rapid increase in the deficit-to-GDP ratio.
China's first list ranking domestic university think tanks was released Friday in Beijing.
来源：资阳报