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China is a big country and has created a comfortable standard of living for people in big cities. But there are still many people in the country who are not doing so well and don't have the educational opportunities that others have. So it's a big challenge for China to continue to develop the rural areas and build up its second- and third-tier cities, so that people there can have the same quality of life as those in Beijing, Shanghai and other big cities.
China is expected to attract a total of 600 billion yuan (.7 billion) of foreign capital this year, said Fang Xinghai, deputy head of the China Securities Regulatory Commission, during a forum held over the weekend.
China has released many favorable tax policies to support small and micro businesses to ride out the epidemic and will ensure these measures can materialize, a senior official said on Saturday.
China is a manufacturing powerhouse in mid-and low-end goods. But the US is still the dominant player in high-value industries. The US also has an extremely sophisticated service industry and thrives on innovation, research and development.
China has seen the number of newly-registered companies surge as firms bet big on the country's pent-up consumption demand and strong economic recovery from the COVID-19 outbreak.
来源：资阳报