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China's VR industry is expected to be worth 54.45 billion yuan ( billion) next year, with an annual growth rate of about 95.2 percent, according to a report from the China Center for Information Industry Development, a research institute affiliated with the ministry.
China will further encourage cross-border e-commerce transactions by easing the annual cap on transborder online purchases and adding categories of imports to the duty-free list, the Ministry of Finance announced on Friday.
China's ODI has been making news. Zhejiang-based Geely Holding Group announced late last month that it acquired a 9.69-percent stake worth about .2 billion in Daimler AG through an investment fund, becoming the single largest investor in the German automaker.
China will draw on the recommendations, continue to deepen financial sector reform, take concrete steps to contain risks and strengthen cooperation with international organizations, it said.
China's Belt and Road Initiative is facilitating the country's geoeconomic rise while reshaping infrastructure investment in the Asia-Pacific economies, which will enable significant regional economic growth, according to a leader from a multinational professional services network.
来源：资阳报