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Angela Chao, (front row, left of center) chairman and CEO of Foremost Group, is honored as a Pinnacle Awardee along with others at the annual Outstanding 50 Asian Americans in Business Awards Dinner Gala in New York on Wednesday. [Photo provided to China Daily]
Analysts predicted the market will recover over a period of time, as investors await further concrete improvements.

Andrew Au, an economist of the government of China's Hong Kong Special Administrative Region (HKSAR), predicted the GDP would drop 6 percent to 8 percent year-on-year in 2020 as the economic outlook is still highly uncertain.
Analyzing the root causes of the sluggish global economy and the problems for which globalization has been made the scapegoat, Xi pointed to a lack of robust driving forces for global growth, inadequate global economic governance, and uneven global development.
Analysts said despite the substantial progress made by China on clean energy generation, it still looks tough to achieve the government's target of 5 percent or less curtailment rate by 2020.
来源:资阳报