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David Liu, former CEO of KKR China, the local arm of the global private equity firm, said sectors like consumer goods, education, healthcare and environmental protection offer great investment potential.
Data from AliResearch showed that China's mobile payment industry was worth .52 trillion last year. This was about 70 times higher than the US figure of 2 billion.
Declaring its inclusion in the International Monetary Fund's Special Drawing Rights (SDR) basket as a big leap for yuan which earned it the status of a global reserve currency, Amanullah Khan said the development is a big success for the Chinese government as "it was a confirmation of the success of China's economic development and results of the reform and opening up of the financial sector."
David Wang, head of China economics at Credit Suisse, said another cut in the reserve requirement ratio — which will reduce funds banks keep in vaults and boost lending — may be conducted later this year.
Data indicates that nearly half of the Apple's iPhones are manufactured at Foxconn's Zhengzhou plant in central China, a place once again buzzing with activity after Apple unveiled three new products: iPhone 8, iPhone 8 Plus, and iPhone X on Sept 12.
来源：资阳报