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China, for its part, is helping speed up things at the Shanghai factory – the country's first fully foreign-owned car plant, a reflection of Beijing's broader shift to open up its auto market.
China's shadow banking assets showed their first increase in two-and-a-half years during the first quarter of this year, said a recent research report from Moody's Investors Service, a global credit ratings agency. "A rapid rebound is unlikely as financial systemic stability is still a key priority for the authorities," said Michael Taylor, managing director of Moody's.
China's per capita GDP is expected to reach ,000 by 2025, which marks the end of the 14th Five-Year Plan period. During this process, the proportion of physical consumption in total consumption will continue to decline, while service consumption will rise.
China's willingness to blaze its own pathway, with an orientation to share the means of development, has now become a stabilizing factor for the world, and creates a unique opportunity for US President Donald Trump to reorient US policy towards the growing potential of the Indo-Pacific economy, the scholar added.
China's wine market is expected to be worth billion by 2021. [Photo provided to China Daily]
来源：资阳报