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Broken fences
But Cheng Chunshu, deputy director of Golden Credit Rating International, said the financing cost for Chinese companies in overseas markets will also rise this year as the US Federal Reserve continues with its rate rise plan, which will narrow the gap between onshore and offshore interest rates.
Building megacities into international consumption centers can better meet consumers' demand for international high-end products, retaining domestic consumption and boosting consumption upgrading, said Wang Wei, director of the market economy research institute of Development Research Center of the State Council.
Business transformation and product upgrades are key to the survival and future growth of budget hotels that are in decline - and BTG Homeinns Hotels Group, whose first-quarter profit surged over 116 percent year-on-year to 75.39 million yuan (.8 million), is a good example, experts said.
Both quantity and quality should be ensured as China unfolds its effort to make the homeland greener, President Xi Jinping said on Monday as he took part in a voluntary tree planting event in Beijing.
来源：资阳报