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China's consumption growth and e-commerce development contributed to a rise in consumer loans, which in turn fed consumption-related ABS issuance growth.
China's entrepreneurship and innovation are driven by cooperation among different market entities. We have built open and sharing platforms of mass entrepreneurship and innovation, where innovation players of various kinds interact online and offline. Pooling their wisdom and efforts has made entrepreneurship and innovation more efficient, less costly and faster. The Global Innovation Index 2017 issued by the World Intellectual Property Organization and others a few days ago put China at 22nd place, 13 spots higher from 2013 and topping the middle-income economies. China's entrepreneurship and innovation have delivered benefits to all. The Chinese government has adopted an accommodating and prudent regulatory approach toward new industries, new business forms and models, such as e-commerce, mobile payment and bike-sharing, which have enabled their fast and healthy development. As a result, people's lives are made more convenient and a large number of jobs are created. Of all the new jobs created last year, about 70% were contributed by new growth drivers.
China's consumer price index (CPI), the main gauge of inflation, rose 1.8 percent in May year-on-year, data from the National Bureau of Statistics (NBS) showed on Saturday.
China's commitment to sharing its market and providing the world with quality products will "push forward economic integration" and "bring mutual benefits to China and the world," said the expert.
China's manufacturing sector shrank for a fifth month in September, according to the National Bureau of Statistics, while activity in the nonmanufacturing sector slowed slightly from the previous month.
来源：资阳报