The nation is forging ahead toward the largest scale of industrialization in history, Wang said. For example, it is creating a digital economy that includes 856 million netizens and 1 billion users of the WeChat social networking platform, "which helps lay the foundation for China to share more with the world", said Wang.
The nation's grand plan to develop the Guangdong-Hong Kong-Macao Greater Bay Area and turn Shenzhen into a national pilot demonstration area will create greater demand for financial services, promoting the industry's development, according to scholars and experts.
The nation's investment rate, or fixed capital formation over GDP, declined starting from 2015, after it was sustained at elevated levels of around 45 percent from 2009 to 2013, data from the National Bureau of Statistics showed.
The most active corn contract for December delivery was up 13.25 cents, or 3.73 percent week on week, to close at .6875 per bushel on Friday. November soybeans were up 41 cents, or 4.78 percent, to settle at .9875 per bushel. December wheat was up 19.75 cents, or 4.26 percent, to close at .835 per bushel.
The modes of expansion are varied. Forty-eight percent of the respondents indicated that their plan is to increase their business activities in their current location or in other cities; 38 percent are seeking a joint venture partner; and 26 percent are seeking Chinese investment.
The move is in line with a notice the four ministries co-released in early 2018 in which they would work together to organize the building of production bases to alleviate shortages of drugs with small-scale clinical demand.
辽宁省沈阳治疗甲状腺结节门诊
The museum has become a hit since it opened at the end of October.
The move is designed to provide a better fit with nation's relaxed family planning policy.
The nation's automobile sector also was hit hard early this year. The first monthly sales growth did not come until April. But the growth has been in double digits since May, according to the China Association of Automobile Manufacturers.
The move reiterated the PBOC's efforts to be a key participant in the global benchmark reform. The shift will allow commercial lenders in the country to shift away from the discredited Libor and improve the efficiency of the domestic monetary policy, said analysts.