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China's foreign trade surged 5.1 percent on a yearly basis in June, with exports and imports growing 4.3 percent and 6.2 percent, respectively, said the GAC.
China's commercial banks are also playing increasingly important roles in promoting bilateral financial cooperation with Singapore. Take the Bank of China for example, as of late July, its Singapore branch has raised an accumulated more than 16 billion U.S. dollars of fund for financing BRI projects.
China's emphasis on innovation in recent years has led to more opportunities for global clinical development and research programs to be conducted in the country, something that has benefited its people, says a leading executive at a top German pharmaceutical company.
China's foreign investment law will give more confidence to foreign investors and promote the growth of the economy, according to Maurice Greenberg, chairman and CEO of Starr Companies.
China's economy has rebounded steadily from the novel coronavirus shocks, with a pickup in industrial output, services, and some consumption.