In the first half of this year, the commission approved 102 fixed-asset investment projects, worth a combined 260.3 billion yuan ( billion), according to Yan. China has ample policy room to deal with any shocks, he added.
In the domestic market, the company has cooperated with local governments in North China to launch a number of projects to promote the air energy technology in heating services.
In the coming five years, China is expected to import trillion of goods, and make 0 billion of outbound investment, said the president, adding that Chinese tourists will make 700 million overseas visits.
In the first quarter of this year, Canada shipped nearly 93,000 tons of pork to China, on pace to hit 372,000 tons annually. That eclipsed the 87,500 tons that the US shipped, according to data from both governments.
In the first quarter, the region's GDP reached a year-on-year growth of 1 percent, making it the only region to see a positive growth in China during the period.
In the US, 44 percent view China favorably while 47 percent express an unfavorable view. That is less exciting than a Gallup poll in February which showed that 50 percent in the US now view China favorably, the best since the end of the 1980s.
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In the US, the Centers for Disease Control and Prevention (CDC) reported more than 500 cases of coronavirus disease, also called COVID-19, including more than 20 deaths.
In the first quarter, the service sector accounted for 56.5 percent of the overall economy. In terms of growth, it has left agriculture and the secondary industry far behind.
In the first quarter, despite negative impact from COVID-19, Wuliangye reported substantial gains. The company achieved sales revenue of 20.24 billion yuan, up 15 percent year-on-year. In this period, its net profit hit 7.7 billion yuan, climbing 19 percent year-on-year, according to its latest earnings.
In the first 11 months, the PPI went down 2 percent on average from the same period last year, NBS data showed.