The key to socioeconomic progress is education, Murdock said.
The last quarter of 2017 also saw the growth rate of total revenue come in at 62 percent to stand at 7.8 million, and net income in the same period was .5 million, a 44 percent increase year-on-year, according to the statement.
The island will gradually phase out sales of traditional gasoline-fueled vehicles, according to the guideline.
The launch of the country's new era, when President Xi Jinping delivered his report to the Communist Party of China's 19th National Congress in October 2017, was seen by many observers as a turning point in world history.
The introduced measure is to "offer convenience for the public and greatly improve our work efficiency", according to a released statement at a news conference held by the administration on Tuesday.
The latest regulation on net capital management of commercial banks' wealth management subsidiaries encourages the subsidiaries to invest in standard and high-grade assets, operate in a prudent manner, and avoid expanding business blindly, analysts said.
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The joint laboratory has installed advanced space monitoring equipment including a laser radar, ionospheric meter and a magnetometer that have collected more than 1.5 terabytes of space weather data.
The investor group-including tech giant Tencent Holdings Ltd, leading e-commerce players Suning and JD, and property developer Sunac-plans to invest about 34 billion yuan (.37 billion) to buy a 14 percent equity interest in Wanda Commercial, the company said.
The land area for urban public facilities will increase from the current 11.1 percent to 12.2 percent of the total. Public spaces, both indoor and outdoor, will be raised from 34.4 percent currently to 38.9 percent.
The internet giant has grappled with fundraising difficulties and unpaid bills in past months, a cash squeeze exacerbated by rapid expansion beyond online video into costly areas from sports broadcasting and electric cars to online finance.