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China's first domestically produced single-aisle passenger jet, the C919, is expected to take to the sky for its maiden flight on Friday, as the country endeavors to meet soaring domestic travel demand and break the global market duopoly of Boeing Co and Airbus Group SE.
China's economy is advancing along the path of high-quality development, Liu said. "We are optimistic about the economic outlook this year, and we have more confidence in our economy for the long run," he added.
China's exports will maintain a mild growth rate while the growth in infrastructure investment will continue to be robust, while social retail sales may see a steady rebound, economists at UBS Securities said in a research note. They forecast that China's GDP growth in the third and fourth quarters will bounce back to between 5.5 percent to 6 percent.
China's industrial profit grew 22 percent in the first half of the year, much faster than the 8.5 percent increase in 2016, according to the National Bureau of Statistics.
China's deposit insurance scheme came into effect in May 2015. It covered commercial banks, rural cooperative banks and rural credit cooperatives. Under the scheme, a depositor can expect to receive an insurance payout within seven working days after an incident. The payout covers a deposit of no more than 500,000 yuan for each depositor in a bank.
来源：资阳报