The gross domestic product of China expanded 6.9 percent year-on-year to 59.33 trillion yuan (.93 trillion) in the first three quarters of 2017, according to the National Bureau of Statistics.
The greater appetite for risk among wealthy Chinese is also understandable given their age. The UBS/PwC study found that Chinese billionaires are age 56 on average, about a decade younger than their US counterparts.
The government, while increasing its investment and transferring some State-owned capital into the endowment insurance fund, will also promote the marketization of the fund by putting it into investment to preserve and increase its value, the statement said.
The high growth in excavator sales is also reflected in the performance of related listed companies. The semiannual financial report from Chinese heavy machinery firm Sany Group showed that in the first half of this year, the company's excavator sales increased by 17.22 percent on a yearly basis to 18.6 billion yuan (.7 billion).
The guideline is the latest move to encourage industrial internet development since the State Council's executive meeting on Oct 30 chaired by Premier Li Keqiang.
The high altitude province of Qinghai has lagged behind in infrastructure construction. In April 2018, the local government vowed to develop new wireless technologies such as 5G network.
宜宾大型工业吸尘器
The ground-based interceptor was launched from Vandenberg Air Force Base in Southern California, 250 km northwest to Los Angeles, at a mock-up of an intercontinental ballistic missile (ICBM) fired from the Reagan Test Site on Kwajalein Atoll in the Marshall Islands.
The holographic projector itself is a complex and formidable piece of technology, which can project a variety of 3D images more or less into thin air - a flying butterfly, a bird, a moving car and a jumping Super Mario.
The herb is believed to restore and enhance well-being by boosting energy levels, lowering blood sugar and cholesterol levels, reducing stress and assisting relaxation.
The guideline also stressed tighter cooperation with high-speed railways, based on their own pros and cons, to promote an "airplane plus high-speed railway" transportation system that will allow easier and quicker transfers and provide more efficient travel.