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Chinese Premier Li Keqiang said last Tuesday at the Summer Davos Forum that China will remain firmly committed to opening-up and building an open economy of higher standards.
China's tech sector also has much to offer, as the theme of technological upgrade in China becomes more and more evident. The A-share market and newly launched STAR board provide access to many of China's budding IT companies, which, due to China's market size and depth, can develop, innovate and sustain themselves into globally competitive players, especially in areas like cloud technology, enterprise solutions and online payment systems.
China's second major fiscal reform arrived in 2014, through an amendment to the Budget Law of 1994. One of the key outcomes was overhauling budget reporting, including a requirement for central and local authorities to publish four budget accounts. That amendment represented a big step forward in transparency, experts said.
China, which already has the world's largest installed capacity of wind and solar power, should continue decreasing its reliance on coal and increasing investments in clean energy toward a low-carbon world, said Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University, during the World Economic Forum's Annual Meeting of the New Champions 2018, or Summer Davos Forum, in Tianjin on Wednesday.
China's top diplomat to the European Union on Tuesday described as "encouraging" the EU's decision to allow Huawei in its 5G networks despite heavy pressure from the United States for the Chinese telecom giant to be shut out.
来源：资阳报