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Luo Zhiheng, a researcher at Evergrande Think Tank, agreed, saying more effort is needed to support the growth of the corporate sector.

Lu said Guangdong, the southern gateway of the country, has taken the lead in the mainland in constructing digital government and providing online services to companies.

MANDALAY - Visiting Chinese State Councilor and Foreign Minister Wang Yi met with Myanmar's Commander-in-Chief of Defense Services Min Aung Hlaing here on Sunday, with both sides agreeing to strengthen economic cooperation and speed up peace process in northern Myanmar.

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Lottery agencies at all levels should resume the work of lottery issuance and sales in an orderly manner to promote the healthy development of the sector, the ministry said.

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Lower interest rates will reduce the cost of consumer debt and borrowing for business investment. Consumer spending represents about 70 percent of the US economy.

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Luo added that only with a guarantee of both the Constitution and the SAR's Basic Law can Hong Kong's high degree of autonomy be maintained, the rule of law upheld and its prosperity and stability ensured.

MANILA - The Asian Development Bank (ADB) on Wednesday kept its gross domestic product (GDP) growth forecast for China this year unchanged at 6.6 percent thanks to robust domestic consumption and the solid expansion of services in China.

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Luo Xingrong, general manager of the resort, said, "About 90 percent of our visitors are from neighboring places, including Beijing, Tianjin and other cities in Hebei. People used to have a three-hour drive to get here from Beijing."

Lu predicted that crop prices will remain stable thanks to an expected bumper harvest for summer crops while prices of vegetables and fruits will fall after a hike recently thanks to increasing supplies in the market.