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Top 10 predictions of Chinese economy in 2018

chinadaily.com.cn | Updated: 2018-01-18 06:36
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No 6 China to speed up high-quality economic development while maintaining stable growth

A worker watches a crane loading cargo in Urumqi, capital of the Xinjiang Uygur autonomous region.[Photo/Xinhua]

China's economic growth is projected to maintain stability with a 6.7-percent annual growth rate, and the speed of high-quality economic development will accelerate in 2018.

Consumption will continue to be a driving force for economic development and the growth rate of tertiary industries will surpass secondary industries, providing new opportunities to high-quality, efficient, precise and innovative service industries.

Structural upgrades in one industry and concentration among different industries brought by supply-side structural reform will increase efficiency and enhance strength to leading companies. New investment opportunities will be brought while cutting overcapacity in some industries.

Rapid development of the digital economy and Internet Plus will bring opportunities to creative and technological companies, with strong innovative abilities in big data and artificial intelligence.

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