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As Japan-based electronics firm Omron shut down its Suzhou plant in July, the company, on the other hand, expanded its investment of 1 billion yen (.84 million) in Shanghai. The newspaper said Omron showed its confidence in China as the move was taken to improve its investment structure in Chinese market amid local competition and increasing labor cost.
As China Central Television reported, freight trains had connected 33 Chinese cities, such as Chongqing, Chengdu and Changsha, with 32 cities in 12 European countries by mid-September.
As China managed to turn the service sector and consumption its main growth drivers, its economy has shown notably higher stability and sustainability. "This is the natural result from economic restructuring and upgrading," he said.
Artists perform face-changing of Sichuan Opera at Chicago Cultural Center in Chicago, the United States, on Feb 16, 2018. [Photo/Xinhua]
As 2018 draws to an end, China's imports are expected to surpass trillion, a record high.
