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China's financial system maintained its resilience during the global market fluctuations, which also contributed to international financial stability, he added.
China's new-generation bullet train, Fuxing, Chinese for rejuvenation, arrives in Beijing South Railway Station on Aug 21. The train, designed and manufactured in China, started running between Beijing and Tianjin from Aug 21 at a maximum speed of 300 kmh. [Photo/Xinhua]
China's outbound investment drive first started as a need for raw materials and energy to ensure its old growth model functioning effectively.
China's economy will likely grow at 1.2 percent this year and rebound strongly to 9.2 percent in 2021, the International Monetary Fund predicted Tuesday, as it said the COVID-19 would precipitate global growth into the deepest recession since 1930s but a recovery of 5.8 percent is expected if the pandemic fades.
China's major economic indicators, as the governor forecast, will achieve their annual targets, as growth momentum has been stabilized despite external headwinds amid global trade tensions.
来源：资阳报