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The Beijing-based tech behemoth Baidu has also rolled out an open platform for its V2X or vehicle-to-everything solutions, which will create synergetic interactions between smart cars and intelligent roadways to improve safety and mitigate traffic congestion. Under this system, autonomous vehicles will be able to better communicate with traffic lights.

The CFETS did not give further details about when and how the "counter cyclical factor" will be used.

The Belt and Road Initiative does not aim at a geopolitical or military alliance, nor will it establish a small bloc or set up a “China club”, President Xi Jinping said on Monday.

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The Beige Book is a largely anecdotal summary of economic conditions in each region. The Fed, the nation's central bank created by Congress to create a flexible and stable monetary system, operates in 12 regions across the United States. The bankers carry out day-to-day operations to monitor the economy.

The BRI will not only continue to advance transportation infrastructure, trade and development in Tibet, and in countries near the autonomous region. It will also enable more people-to-people connections, especially with nearby countries that share cultural similarities.

The CSRC has introduced rigorous approval procedures for IPOs since a new review committee came into office in October, rejecting or suspending more than half of IPO applications.

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The Beijing-Tianjin-Hebei Megalopolis has two cities whose GDP features in the top 30--Beijing in second place, and Tianjin in sixth.

The CNNC is a major nuclear power player in terms of investment, operation, and development in the nuclear sector in China.

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The CAAM said the auto industry's performance in the July-September period was better than the previous quarter, but the industrial climate is still fragile.

The CPI stabilized last month as food prices rose at a slower pace of 17.4 percent, compared with 19.1 percent in November, the NBS said. The year-on-year rise in pork prices, which accounted for nearly half of the headline CPI growth, eased to 97 percent in December from November's 110.2 percent.