The country added 4.59 million urban jobs in the first four months, with total imports and exports up by 4.3 percent year-on-year and its foreign exchange reserves remaining above trillion.
The countdown for the upcoming poll has already begun, particularly when the United States canceled the talks with the Taliban, after the militants' claimed suicide car bombing that killed two foreign soldiers, including an American, and 11 others in the Afghan capital Kabul.
The consultancy said China is the world's second-largest market for cloud infrastructure services. Alibaba Cloud, the cloud computing arm of Alibaba Group, accounted for 46.4 percent of China's cloud computing market last year, followed by Tencent Cloud (18 percent) and Baidu Cloud (8.8 percent).
The council has identified several technical issues that have prevented the widespread adoption of electric-powered commercial vehicles. But, these problems aren’t insurmountable, it said, suggesting that the government should consider investing greater resources in building the infrastructure, like chargers, to facilitate the use of electric cars.
The country will shorten the negative list on market entry, and continue to carry out test programs for further opening-up in free trade zones, Ning Jizhe, vice-minister of the National Development and Reform Commission, said at a news conference last week.
The consequences of the initiative are potentially enormous, with the company aiming to cut the need for human labor while increasing agricultural productivity.
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The construction of new campuses for four universities, including Beijing Technology and Business University and Beijing Film Academy, is accelerating, and the city expects to relocate 80,000 faculty members and students to suburban areas by 2022.
The country will make full use of both domestic and international markets to promote the coordinated development in cultivating domestic and overseas demand, boosting imports and exports, making inbound and outbound investment and generally maintaining the balance of international payments.
The country has sufficient policy tools to tackle economic challenges amid the pandemic, and the fiscal and financial system is generally stable, Yang Weimin, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, said in a speech on Sunday.
The continued decline in global oil prices may prove beneficial to the Chinese economy and businesses in the aviation and refining sector, analysts said on Tuesday.