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China's crayfish market is worth more than 140 billion yuan ( billion), according to media reports. Nearly 18,000 restaurants focused on serving crayfish as of August 2016, three times the number of KFCs in the country.
China's foreign exchange market maintained a basic equilibrium in October, according to SAFE data, indicating a balanced supply and demand relationship. Cross-border capital flows also remained stable, including an equilibrium of foreign exchange settlement and sales by banks-a deficit of .4 billion in October, lower than the average of the first nine months.
China's fiscal revenue rose slower in August amid tax cut measures and weaker economic dynamics, official data showed. Experts expected fiscal revenue to rebound this year after stimulus policies take effect.
China's financial industry is maturing, with more professionals than amateurs joining the league. Financial talent-defined as those systematically trained with financial knowledge-in the country's securities sector jumped from 8 percent to 15 percent between 2010 and 2016, according to a survey published by the institute in early July.
China's growth in the first quarter was stronger than expected, and the growth momentum increased in March. Another positive factor to support the projection at 6.2 percent for this year is the government's strong fiscal stimulus package, according to John Litwack, the World Bank's lead economist for China.