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Photo taken on Sept. 23 Wholesale Taijuan Walker Jersey , 2017 shows the scenery of Longdong scenic spot in Xuanwei, southwest China's Yunnan Province. (XinhuaYang Zongyou)

In pics: paddy fields across China

Autumn scenery of Kanas scenic area in NW China's Xinjiang

10th Pink Ribbon Charity Walk held in Switzerland

Chinese, Pakistani air forces conduct joint drill

Paddy cultivation area in China's Yanbian surpasses 46,000 hectares

China Focus: Beijing-Shanghai railway speed rises to 350 kph

Highlights of 10th China Acrobatics Golden Chrysanthemum Awards

Wildlife paradise: Changtang National Nature Reserve in China's Tibet

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BEIJING, Jan. 22 (Xinhua) -- To understand China's slowing economy and make wise decisions, foreign investors need to pay closer attention to new economic metrics Wholesale Patrick Corbin Jersey , all of which point to a silver lining.

China's GDP grew at its weakest pace in a quarter of a century last year, renewing a prolonged Rashomon-like debate between China and some Western countries over the prospects of the world's second largest economy.

To understand where the Chinese economy is heading, the international community should abandon obsolete and misleading perspectives and focus on new measurements that tell a different story.

By traditional standards, the Chinese economy is indeed weakening with drops in GDP growth, industrial product prices, profitability of factories and fiscal revenue.

The recent stock market volatility and the yuan's depreciation against the U.S. dollar have also sounded the alarm for latent economic and financial risks.

It is undeniable that the Chinese economy is facing persistent downward pressure Wholesale Robbie Ray Jersey , and it is unlikely to expect a V-shaped economic recovery in the short run, even if the government rolls out a flurry of short-term stimulus measures.

However, the economy could achieve L-shaped growth at a slower growth rate but with better quality as Chinese leaders try to nurture new growth areas for cleaner and more sustainable expansion.

To fully grasp the signs of improvement in the Chinese economy, overseas observers and investors need to look at new metrics and collect new data that were previously ignored.

In the first 11 months of 2015, a total of 18.2 billion parcels were delivered, surging 48 percent year on year. Courier service revenue grew 34 percent to 245.6 billion yuan (37.8 billion U.S. dollars).

The rising courier industry indicates a robust e-commerce sector and rapidly expanding domestic consumption Wholesale Jorge De La Rosa Jersey , which contributed 66.4 percent to the country's GDP last year.

In a sign of a strong arts and culture market, China's box office sales topped 44 billion yuan in 2015, jumping 48 percent from the previous year.

The robust film industry also helped boost the development of billion-dollar businesses, including cinemas, video games, music and video-sharing networks.

In 2015 Wholesale Brad Boxberger Jersey , 4 billion trips were made to domestic tourist attractions and tourism revenue exceeded 4 trillion yuan. The sector made up 10.1 percent of China's GDP and received 10.2 percent of the country's total workforce.

Consumption will continue to power the country's future growth as better-off Chinese, particularly young people in cities, are increasingly willing to spend on entertainment and leisure.

China is projected to remain one of the world's fastest-growing consumer markets, reaching 6.5 trillion U.S. dollars in annual private consumption by 2020, according to a report by the Boston Consulting Group.

Young, affluent and tech-savvy consumers will fuel growth in China Wholesale Shelby Miller Jersey , said the report.

In the worst-hit secondary sector, bullet trains, new-energy vehicles and smart electronic devices are bright spots, although efforts to phase out polluting, energy-intensive and non-competitive industries dragged down growth.

A business climate index for China's small and medium-sized enterprises, created by search engine Baidu and based on big data Wholesale Archie Bradley Jersey , has been improving for nearly a year amid government efforts to encourage entrepreneurship and innovation.

Traditional growth propellers measured by conventional indicators are losing steam as a result of economic upgrades and restructuring. However, emerging engines gauged by new metrics will power the Chinese economy in a steadier and more sustainable way.

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BEIJING, May 11 (Xinhua) -- Ctrip, China's largest online travel agency, beat financial performance expectations in the first quarter of this year thanks to expansion efforts both home and abroad.

The NASDAQ-listed company saw net revenue of 6.1 billion yuan (8.84 million U.S. dollars) in Q1, an increase of 46 percent year on year and rising 20 percent compared with Q4 2016 Wholesale Yasmany Tomas Jersey , according to its financial statement.

Transportation tickets were the biggest contributor to revenue, growing by 48 percent year on year to 2.9 billion yuan in Q1, which was partly attributed to the company's acquisition of Skyscanner, a leading European airfare comparison website, last year.

"By leveraging Skycanner and other strategic overseas investments, we expect to further strengthen our international product offerings and improve user experiences for both Chinese and international travelers Wholesale Jake Lamb Jersey ," said James Liang, executive chairman of Ctrip.

Accommodation and package tours helped Ctrip generate 2.1 billion yuan and 702 million yuan, respectively.

The income from operations in Q1 was 414 million yuan, compared with loss of 1.8-billion-yuan in the same period in 2016.

"We kicked off 2017 with great results with continuous healthy revenue growth and margin expansion. We have also been making great strides in penetrating into lower-tier cities and expanding internationally," said Jane Sun, Ctrip CEO.

Ctrip expects net revenue growth in Q2 to continue at a year-on-year rate of about 40 percent to 45 percent Wholesale Chris Owings Jersey , the stateme. Cheap NBA Jerseys From China Cheap Authentic MLB Jerseys Cheap Replica Soccer Jerseys Cheap Football Jerseys Wholesale Jerseys From China Cheap Nike NFL Jerseys Wholesale Jerseys From China Cheap College Hockey Jerseys Cheap Wholesale Hockey Jerseys Wholesale Jerseys Online