In July 2016, the statistical reform which adds R&D expenditure to the total GDP took effect. The bureau has revised up GDP data in 2015, and earlier years since 1952.
In January 2017, its wholly foreign-owned enterprise or WFOE in Shanghai became the first global asset manager to register with the Asset Management Association of China as a private fund management company. This qualification allows Fidelity International to create onshore investment products in China for eligible Chinese institutional investors and high net worth individuals.
In January 2017, a direct cargo train linking southeastern China's Yiwu to London was launched. The new freight network, operated by China Railway, requires just 18 days to travel over 12,000 kilometers, running through Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France before arriving in London.
In December, iFlytek was chosen by the Ministry of Science and Technology to build China's first national laboratory for cognitive intelligence, which is the highest phase of AI. The laboratory will focus on helping machines think as humans.
In February, Xiaomi also signed a partnership with Jumia, Africa's leading e-commerce platform, to drive smartphone penetration in Africa.
In January, the Shanghai Stock Exchange said it will push ahead pilots of publicly offered REITs this year. The Shenzhen Stock Exchange also pledged to step up efforts to roll out rules and pilots of publicly offered REITs.
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In Goddess of the Luo River, the corps de ballet flowed across the stage in a variety of patterns, moving like water.
In China and the United States, new renewable energy jobs now outstrip those created in the oil and gas industries, he said in his speech. Last year, China invested 6 billion in renewable energy, an increase of 30 percent over the previous year.
In Dongguan, Guangdong province, for example, a company producing medical supplies has alleviated its business burden after it successfully asked for a loan of 15 million yuan (.1 million) by pledging its three invention patents, he said.
In Hebei, for example, more than 3.5 million households in rural areas had switched to natural gas or electricity as a heating source by the end of last year. The province plans to complete the shift to clean energy in almost 1.8 million rural households this year, and most of the work has been completed, said Gao Jianmin, head of environmental protection in Hebei.