The contract will enable China to develop its own benchmark for oil pricing in addition to current global benchmarks.
The concept of new infrastructure has also for the first time been included in China's Government Work Report for 2020, which vowed to develop next-generation information networks and expand 5G applications, build more charging facilities, promote wider use of new-energy automobiles, stimulate new consumer demand and promote industrial upgrading.
The country also plans to build another 30,000 soccer-focused primary and secondary schools by 2025 to foster children's interest in the sport and promote high-quality coaching, training and competition, Wang said.
The construction of these projects will bring potential opportunities for corporates and investors across the globe, Mukhtar added.
The consensus reached between the United States and the European Union to tear down trade barriers is beneficial not only to the two sides, but also to the global economy, the Ministry of Commerce said on Thursday.
The concept of a community of a shared future for China and Laos has been widely accepted by the two parties and countries, and the concept has drawn the blueprint of a bright future for bilateral ties, Xi said.
seo优化机构
The country is now the world's second-largest economy, the largest exporter of goods and the second-largest global investor in terms of outbound direct investment value.
The country will maintain a proactive fiscal policy stance in 2019, with a higher deficit-to-GDP ratio to leave policy space to address potential risks.
The country must remain committed to reform and opening-up and make sustained efforts to beef up the momentum and vitality of its growth, it added.
The country will work to promote the modernization of its supply and industrial chains, and improve the quality, efficiency and core competitiveness of its economy, said the communique released Thursday after the fifth plenary session of the 19th Communist Party of China Central Committee.