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China's economic strength and the direction the country takes will play a big role as global economies seek to overcome the current crisis, Noriega said, adding that the revival of world trade and strengthening of global supply chains would be an "essential" part of the global economic recovery.
China's large-scale tax and fee reduction, including the government's reductions in VAT, one of the important measures for countering downward pressure, all present opportunities for foreign companies like Sabic, and "we will further deepen energy cooperation with old partners while continuing to seek new partnerships for sustainable development," he said.
China's digital trade is expected to lead global trade development, with the economic value of digital trade-enabled productivity benefits to the Chinese economy estimated to reach 37 trillion yuan (.5 trillion) by 2030,according to a report on how China can capture digital trade opportunities at home and abroad.
China's digital economy accounted for 34.8 percent of its gross domestic product in 2018, remaining a key pivot for the country's economic growth, a new report said.
China's coal and power industries are expected to see more mergers in the second half of the year, due to State-owned enterprise reform policies, industry insiders believe.
来源：资阳报