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China has accumulated the world's largest stash of forex reserves. After the decline of the forex stockpile from a peak of around trillion to below trillion in January, regulators moved to crack down on illegal cross-border capital flows while reiterating that normal business would not be affected.
China has growing appeal for them thanks to its Internet penetration, huge data pool, diverse application scenarios and capital support, according to Wang Di, head of engineering with LinkedIn China.
China has actively participated in the global value chain since its reform and opening-up in the late 1970s, achieving rapid economic development through its low costs and export-oriented strategy. However, deficiencies have gradually emerged, such as excessive dependence on foreign trade, risks in economic security, restrictions in key technologies and pressure on industrial upgrading.
China has adopted a "prudent" monetary policy to maintain economic growth as well as keep prices stable, said Sun.
China could more than double its oil trade with the US this year compared to 2017, she said, and the combination of higher volumes and rising oil prices in 2018 could triple the value of last year's oil trade, which was worth .4 billion, or 1.2 percent of 2017's trade deficit.
来源：资阳报