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China's economy may seem to be in some difficulties from a short-term perspective or being viewed through specific cases. However, its development prospects are very bright when being judged from a historical perspective, according to Liu.
China's foreign exchange (forex) market in May recorded a turnover of 15.67 trillion yuan, or .21 trillion. [Photo/Sipa]
China's gross domestic product (GDP) expanded 6.7 percent year on year in the first three quarters of 2018 to about 65.09 trillion yuan (.38 trillion), the NBS data also showed.
China's new economic development pattern of "dual circulation" relies on domestic circulation to drive its international circulation and promotes deeper and wider opening-up, experts said on Tuesday.
China's entrepreneurship and innovation are driven by cooperation among different market entities. We have built open and sharing platforms of mass entrepreneurship and innovation, where innovation players of various kinds interact online and offline. Pooling their wisdom and efforts has made entrepreneurship and innovation more efficient, less costly and faster. The Global Innovation Index 2017 issued by the World Intellectual Property Organization and others a few days ago put China at 22nd place, 13 spots higher from 2013 and topping the middle-income economies. China's entrepreneurship and innovation have delivered benefits to all. The Chinese government has adopted an accommodating and prudent regulatory approach toward new industries, new business forms and models, such as e-commerce, mobile payment and bike-sharing, which have enabled their fast and healthy development. As a result, people's lives are made more convenient and a large number of jobs are created. Of all the new jobs created last year, about 70% were contributed by new growth drivers.
来源：资阳报