China's economic growth will be increasingly driven by domestic consumption and investment, and bolder reform measures are needed to cultivate a more efficient domestic market and unleash the country's potential for higher-quality growth, a senior economist said.
China's economic recovery continued to gather steam with major economic indicators further improving last month as the country's efforts to boost growth amid the COVID-19 slowdown gradually paid off.
China issued fresh rules on Sunday to tighten regulation of the country's financial holding companies, a move that experts say will forestall risks in the financial sector.
China is embracing new growth momentum in the industrial internet, as the country strives to gain a beachhead in the next generation of industrial development globally.
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