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China's top economic planner's recent measures will make bond markets more supportive of private enterprises' efforts to raise funds through corporate bonds, analysts said.
China's retail sales of consumer goods climbed 4.3 percent year on year to 3.86 trillion yuan (about 584.5 billion US dollars) in October, the Chinese National Bureau of Statistics said Monday.
China's stock market is currently the third-largest globally, but the percentage of stocks held by foreign investors has for years stayed around the 2 percent mark. Analysts believe the MSCI index inclusion effect will gradually drive more funds into Chinese stocks over the next few years.
China's rapidly growing middle-class consumers, increased economic growth and growing urbanization are all factors that contribute to the positive forecast. Since 2000, China's commercial jet fleet has expanded sevenfold, and approximately 25 percent of all aviation growth worldwide in the past decade has come from China.
China’s tech giant Tencent has joined the race with rivals such as Baidu and Alibaba to recruit senior autonomous driving engineers in Silicon Valley.