Biz China Weekly

美女18禁黄无遮挡网站,久久国产乱子精品免费女,日本高清视频网站WWW,岛国av无码免费无禁网站麦芽,久久久一本精品99久久精品66直播

IMF raises China's growth forecast for 2017, 2018

The International Monetary Fund (IMF) on Tuesday raised its forecast for China's economic growth in 2017 and 2018, citing the stronger-than-expected performance in the first half of the year and continuous policy support.

Trade

The 122nd China Import and Export Fair, commonly known as the Canton Fair, opened in south China's Guangzhou city Sunday, drawing around 25,000 companies as exhibitors.

Industries

  • China will step up financial support for major projects of its "Made in China 2025" strategy, a blueprint for upgrading the country's manufacturing sector.

  • China has made better-than-expected progress in cutting overcapacity in the steel and coal sectors to push economic restructuring.

In-depth

China is becoming an innovation-driven developing economy, and innovation, if continued, will help the country ward off the "middle-income trap", according to a recent HSBC report.

China has capacity and confidence to control systemic risks while maintaining steady growth, said Zhou Xiaochuan, governor of the People's Bank of China (PBOC) on Saturday.

China's goods trade has had a "sound and steady" performance in the first three quarters of this year, mainly due to rising international demand and a strong Chinese economy.