The Cabinet said the industry output is expected to surpass 700 billion yuan (3.3 billion) by 2020, as world-class Chinese brands and related industrial clusters emerge. The nation's share of the high-end market will also see significant increase over the same period, it said.
The Chinese consulate general attaches great importance to it. Issuing a notice on its website, the consulate urged Chinese citizens to pay attention to safety and security.
The China-Europe cargo trains have remained a reliable transportation channel across the continents, displaying their strategic value of ensuring the international supply chain amid the escalating situation of the novel coronavirus outbreak worldwide, the company said.
The China-Europe rail service is considered a significant part of the B&R Initiative. It is expected to boost trade between China and Europe, China's largest trading partner.
The China-initiated Asian Infrastructure Investment Bank approved a 0 million loan to improve irrigation services and management accountability in Indonesia, the bank said on Tuesday.
The China-set live-action film was first scheduled to hit US theaters on March 27 but was later rescheduled to July 24 due to the pandemic. Hollywood studios delayed nearly all of their big-budget movies in the United States and other countries as theaters were shut down in an effort to combat the coronavirus.
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The China Securities Regulatory Commission announced on Tuesday it would take measures to enhance market liquidity, and encourage share buybacks as well as mergers and acquisitions among listed firms, the latest in a string of official statements aimed at stabilizing markets and boosting investor sentiment.
The China-set live-action film was first scheduled to hit US theaters on March 27 but was later rescheduled to July 24 due to the pandemic. Hollywood studios delayed nearly all of their big-budget movies in the United States and other countries as theaters were shut down in an effort to combat the coronavirus.
The Chinese government has set a goal to have 5,000 such vehicles on its roads by 2020, 50,000 by 2025 and 1 million by 2030.
The Caixin China General Manufacturing Purchasing Managers' Index (PMI) stood at 50.3 last month, down from 51.2 in March, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co Ltd.