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China's largest private carmaker Geely sold 105,468 vehicles last month, up 2 percent from the same period last year.
China's gigantic car market, which had been in the fast lane for years, is now hitting speed bumps, yet the country's leading industry association said it remains cautiously optimistic about the market this year.
China's government debt stood at 33.35 trillion yuan (.97 trillion) by the end of 2018, 37 percent of the country's GDP, significantly lower than the EU warning line of 60 percent, Liu said.
China's non-financial outbound direct investment in 45 countries related to the Belt and Road Initiative over the first four months of 2017 has reached .98 billion (27.4 billion yuan), an official from the Ministry of Commerce said on Wednesday.
China's non-financial SOEs have a high rate of leverage. Data from the Chinese Academy of Social Sciences showed that the leverage ratios of financial institutions and non-financial institutions were 21 percent and 156 percent respectively at the end of 2015. The Economic Information Daily reported earlier that SOEs were responsible for about 60 percent of China's corporate debt.
来源：资阳报