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China's e-commerce transactions hit 34.81 trillion yuan last year, up 6.7 percent year-on-year.
China's foreign exchange reserves rose to .112 trillion in June, bolstered by an increase in the value of its US Treasury holdings, which ended a two-month decline, the central bank said on Monday.
China's direct investment in countries and regions that are part of the Belt and Road Initiative is estimated to reach billion in 2020, up 100 percent from the levels seen in 2014, according to a new report from Commerzbank AG, Germany's second-biggest bank by assets.
China's corporate debt-to-GDP ratio is high. The ratio went up in part because of the 4 trillion yuan stimulus package announced in 2008. At that time, the money for infrastructure projects was primarily raised by local government financing vehicles, for the central government did not want to see an excessively rapid increase in the deficit-to-GDP ratio.
China's leading electric vehicle maker BYD announced Wednesday to team with US Hybrid Corporation to develop a hydrogen fuel cells battery-electric bus.[Photo/IC]
来源：资阳报