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China's structural and institutional reform is harder work than the easy path of printing money. But it's the only way to get real growth and avoid the boom-bust cycles that are disastrous over the long term.
China's software and IT service sector has witnessed rapid development during the past decade. [Photo provided to chinadaily.com.cn]

China’s outbound investment in the textile and garment sector experienced an annual increase of 20 percent in the past 15 years, but investment in the sector fell by 55 percent last year.
China’s life insurance premiums are forecast to rise by an average of 15 percent per year in real terms from 2018 to 2019, supported by increasing household income and rising risk awareness, a report from Swiss Re showed.
China's top legislature is considering a special intellectual property court named after the Hainan free trade port. [Photo/Sipa]
来源:资阳报