国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China outbound investment surge reinforces growth confidence

(Xinhua) Updated: 2015-11-17 10:39

China's 13th Five-year Plan (2016-2020) has set the target of maintaining medium-high growth. While no official targets have been released, Xi said previously that annual growth of 6.5 percent would be required for China to achieve the target of doubling 2010 GDP and per capita income of both urban and rural residents by 2020, and complete the building of a moderately prosperous society.

China is still a major world economic powerhouse given the economy contributes 30 percent to world growth despite growth slowing to 6.9 percent year-on-year in the first three quarters.

"China's growth potential is huge in sectors including consumption and green industries," said Zhang, citing the substantial number of online transactions on Singles' Day, the Nov 11 equivalent of the American Cyber Monday.

Alibaba's Tmall online marketplace on Thursday reported Singles Day sales totaling 91.2 billion yuan, a 60-percent rise from last year. Singles Day has become the world's biggest annual online shopping day -- nearly five times larger than Cyber Monday.

"This shows that the world's second largest economy is successfully tapping into the potential of domestic consumption," said Zhang.

China's online sales surged by 34.6 percent year on year in October this year to 2.95 trillion yuan, while retail sales of consumer goods grew 11 percent from the same period last year to 2.83 trillion yuan, the record high year-on-year rise of 2015.

"Looking ahead, green growth, as one of five key developments concepts in the 13th Five-year Plan, will spur pro-growth technological innovation in sectors ranging from electricity generation, steel production, construction materials and beyond," said Zhang.

The environmental protection industry has grown by around 20 percent each year from 2011 to 2015, with more than $500 billion injected into the sector during that period. A further 2 trillion yuan is expected to flood in each year during 2016-2020 period.

"China's foreign exchange reserves and industrial upgrading make domestic and overseas investment both viable and necessary," said Zhang, adding that financial reforms will offer more opportunities to foreign entities to enjoy China's growth.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
靖安县| 平乡县| 高清| 固阳县| 宿迁市| 普陀区| 新河县| 榆中县| 叙永县| 柘荣县| 友谊县| 甘德县| 祁阳县| 镇江市| 吐鲁番市| 大方县| 吉安县| 宝清县| 盈江县| 西华县| 屯门区| 雅安市| 灯塔市| 乐至县| 东港市| 连平县| 汾西县| 西平县| 平罗县| 安庆市| 夹江县| 泊头市| 浠水县| 英吉沙县| 扶沟县| 潞西市| 屯留县| 宜章县| 临泽县| 鸡泽县| 柘荣县|