The index rose to 92.7 points in the Oct-Dec period, reversing a decline for two consecutive quarters, according to a report compiled by the national economic planner and a business group of SMEs.
The initiative, proposed by President Xi Jinping in 2013, comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road. It will create a vast network of trade and infrastructure along the ancient Silk Road routes.
The industry's growth is being spurred by a guideline, issued by 10 national authorities including the Ministry of Commerce and the Ministry of Industry and Information Technology in the beginning of the year, on optimizing supply and promoting consumption.
The inter-Korean military hotlines were restored in the second half of 2018 following the first summit between ROK's President Moon Jae-in and top DPRK leader Kim Jong-un in April of the year.
The industry is also moving toward more granular units of consumption. Companies can now rent the flagship EC2 compute instances by the second (the minimum charge is a minute), and the AWS Lambda serverless service takes this concept even farther. Serverless pricing is a fraction of regular compute pricing, although serverless applications can also generate a lot more billable activity than you might first think.
The image of internet-based electric BMW models autonomously picking up customers using online mobility services may seem outlandish at this moment, but will become commonplace in the next 10 years.
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The initiative is one of the most ambitious projects ever undertaken by China, or any other nation, and aims to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road trade routes.
The implementation of these policy measures will cut financing costs of foreign trade companies, keep their capital chain steady and help them recover and maintain sufficient production capacity, said Sang Baichuan, an economics professor at the University of International Business and Economics in Beijing.
The incident was not the first time that FedEx, which began operating in China more than three decades ago, has been accused of illegal activities in recent months.
The industry expected flattened but healthy development in the electric vehicle market, but deliveries in the first quarter were less positive than insiders' predictions.