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China's investment in sectors related to domestic demand, new infrastructure projects, online industries and independent innovations resulted in 4.9 percent increase in its economy year-on-year in Q3, despite a decrease of 6.8 percent in the first quarter, Syed Hasan Javed, director of Chinese Studies Center, School of Social Sciences and Humanities in National University of Science and Technology, Islamabad, told Xinhua in a recent interview.
China's economy is running stable but is confronting with a complex situation, according to the statement.
China's high-tech industries, such as electronic devices manufacturing, information technology, and new energy, might be the main target of Trump's tariffs plan, according to analysts.
China's newly revised individual income taxation law came into force this year. Zhang Yiqun, an expert in finance and taxation, said the move has significantly scaled back tax burden for individuals, increased household's earnings, and played a great part in stabilizing economy, stimulating consumption and perking up confidence, according to Securities Daily.
China's leading online arts education platform Meishubao Education said on Thursday that it has raised 0 million in its series D round of financing from a consortium led by TPG's global impact investing platform The Rise Fund, the largest single round of financing in China's talent-based education sector.
来源：资阳报