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China, the world's largest auto market, saw car sales drop for the first time in over two decades in 2018 and the weak market has continued in 2019.
China's stock market has been recovering steadily this year after market turmoil starting from the summer of 2015 once sent the major index below 3,000 points.
Chinese SOEs gathered steam in strategic industries such as crude and coal but retreated in competitive sectors including food, textiles and medicine.
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee, attends a grand welcome ceremony hosted by Nguyen Phu Trong, general secretary of the Communist Party of Vietnam Central Committee, ahead of their talks in Hanoi, Vietnam, Nov 12, 2017. [Photo/Xinhua]
China's stock, bond, insurance, banking and other financial markets are in a nascent stage, while regulators have realized that some investors are taking advantage of loopholes in market rules and supervision for profits, analysts said.
来源：资阳报