In the early days of reform and opening-up, ensuring and improving basic living conditions for citizens was paramount with a focus on developing staff housing for enterprises and public institutions, according to the report.
In the field of basic research, the Quantum Anomalous Hall Effect was highlighted as a new way to help accelerate the development of low-power consumption electronics.
In the first three quarters of 2019, total new social financing reached 18.74 trillion yuan, an increase of 3.28 trillion yuan from the same period last year.
In the era of offline-and-online sales called New Retail, Tmall has become the preferred e-marketplace for automobile industry players to set up their digital stall. Nearly 500 car dealers have already set up their shops on Tmall.
In the first five months, total FDI inflow edged up 1.3 percent to 345.59 billion yuan. New overseas companies set up in the period surged 97.6 percent to 24,026, the ministry said.
In the first half of the year, retail sales of consumer goods went down 11.4 percent year on year to 17.23 trillion yuan (.5 trillion, narrowing by 7.6 percentage points from the first quarter.
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In the capital, the average daily PM2.5 level was a record 49 micrograms per cubic meter, the same as in summer.
In the auto space, some carmakers are embracing new-energy vehicles along with deploying robots. In property, developers have the potential to incorporate technology and use big data to shift into providing services for tenants, Gaud said.
In the first three quarters, total tax and fee cuts were about 1.78 trillion yuan. Cutting taxes and fees will continually bolster business investment in the corporate sector, support the development of small and medium companies and stabilize economic growth, according to Liu.
In the first seven months of this year, sales rose 32.9 percent to 163 billion yuan, the company said.