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China's 260-trillion-yuan (.67 trillion) banking sector, the world's largest by assets, has once again been assigned a heavy responsibility in easing the economic slowdown pressure. But this time they should consider more factors before taking action, said analysts.
China will ratchet up efforts to commercialize 5G communication technology and welcomes foreign enterprises to join the process as part of the country's push to expand opening-up policies, the top industry regulator said on Tuesday.
China will see more and more innovation, and research and development activity, which will benefit the world, he said.
China will raise its defense budget by 8.1 percent in 2018, according to a budget report to be submitted to the national legislature Monday, up from last year's 7 percent.
China will not change its real estate policies to provide short-term stimulus to the economy, but instead will make fiscal policy more effective and "keep liquidity reasonably ample" in the second half of this year, participants in a top leadership meeting said on Tuesday.
来源：资阳报