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Chinese economy underwent a meaningful slowdown caused by deleveraging in 2018, compounded by negative investment and consumer sentiment due to trade tensions with the United States and a slow and gradual policy response, said Mariscal.
Chinese e-commerce giant Alibaba came in third this quarter, thanks to the?Tmall Genie speaker released last year. Alibaba shipped 1.1 million units in the quarter, led the way in China and captured 11 percent of the smart speaker market.
Chinese Vice-Premier Liu He will hold a new round of high-level China-US economic and trade consultation with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in Beijing from March 28 to 29, the Ministry of Commerce said on Thursday.
Chinese firms signed project deals with a contract value of 753.82 billion yuan in the first half, up 5 percent year-on-year. The country's nonfinancial outbound investment to countries and regions involved in the Belt and Road surged 19.4 percent year-on-year to .12 billion in the same period.
Chinese companies invested 105.96 billion yuan in economies involved in the Belt and Road Initiative, accounting for 13.1 percent of the total.
来源：资阳报