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China's economy has rebounded faster during the pandemic than that of the US, and the listing of "hot" companies on Chinese stock markets is attracting capital, he said.
China's foreign trade, including imports and exports, has witnessed rapid growth since the beginning of the year, and the boom could continue through the second half, said Liang Ming, director of the institute of international trade at the Chinese Academy of International Trade and Economic Cooperation, an institution affiliated with the Ministry of Commerce in Beijing, People's Daily reported.
China's economy grew 6.9 percent in the first quarter, up from 6.8 percent the previous quarter and above the 2017 target of around 6.5 percent.
China's farms are very small - less than a hectare in most areas. Such small plots are not able to generate incomes that can match rising wages in other industries. So, the farm population will continue to drop as young people move to urban areas or start non-farming businesses in their hometowns.
China's foreign trade is expected to sustain an upward trend in the near future, as more export-oriented companies focus on developing new levels of competitiveness, according to the spokesman of the nation's biggest trade event.