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China will further beef up its fight against money laundering, funding for terrorism and tax evasion as the central government calls for intensified supervision efforts to ensure the implementation of reforms.
China's capital intensity ratio was 1 percent in 2001, and as of 2016, it was 18 percent, marking an 18-fold growth. Now, with overcapacity, and excess inventory and capital, China should go global supported by capital accounts, facilitating outflows of the renminbi through overseas investment and export of capital. Meanwhile, China should bring back the renminbi by exporting industrial products. Then, a full circulation cycle of the yuan will be completed.
China will help the AIIB to operate in accordance with high international standards and gradually invest in the bank. "We think investment in the AIIB is very worthwhile," he added.
China's 2017 outbound direct investment slowed significantly and recorded its first annual drop since 2006. According to the Ministry of Commerce, after the boom in 2016, China's total outbound direct investment in nonfinancial sectors declined 29.4 percent year-on-year, from 0 billion in 2016 to 0 billion last year.
China's LNG demand is expected to nearly double to 68 million metric tons per year by 2023 from the 2017 figure and exceed that of Japan, the world's biggest consumer, before 2030, according to S&P Global Platts Analytics.
来源：资阳报