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China's digital economy has greatly advanced over the past few years, with its scale growing from 11 trillion yuan (.7 trillion) in 2016 to 35.8 trillion yuan in 2019, said Yang Xiaowei, deputy director of the National Cyberspace Administration.
China's investor protection system needs to improve to deal with risks related to such structures, said Li Shuguang, a law professor with the China University of Political Science and Law. He mentioned specific areas such as the regime of class action lawsuits litigated by small and mid-sized investors, detection of insider trading, as well as transparency and information disclosure.
China's leading maker of ball bearings now has a facility near the center of the US automotive industry.
China's first officially authorized data-asset assessment center was launched Saturday in Hohhot, capital of the Inner Mongolia autonomous region, as the local government scrambles to develop big data industries to spur innovative economic growth.
China's imports jumped 21.5 percent year-on-year to 10.11 trillion yuan (.52 trillion) from January through October this year－as domestic demand for bulk commodities, mechanical and electrical products notably surged, the General Administration of Customs announced on Wednesday.
来源：资阳报