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China's economy has been gradually returning to normal due to the government's effective work and production resumption measures as well as the steps to contain COVID-19. The steps have bolstered the confidence of overseas investors, he said.
China's online healthcare sector is set to boom in the next few years. [Photo/IC]
China's comparable same-store sales increased 6 percent, according to the company's first quarter report of fiscal 2018, which ended on Dec 31, 2017. In comparison, global store sales only grew 2 percent.
China's economy has hit the bottom of the so-called L-shape growth trend, according to Fan, although an immediate rebound is less likely. "We are in a process of bumping at the bottom, a normal process of the economic cycle, which can be seen as an opportunity to fix China's own problems, such as overcapacity and financial risks, then we can have a better growth in the next stage", he said.
China's inflation held steady in April, reinforcing views about stabilization in the economy and giving policymakers more leeway to tighten regulations.
来源：资阳报