In April 2017, China announced the establishment of the Xiongan New Area, which, about 100 km southwest of Beijing, spans three counties in Hebei.
In 2017, China achieved its goal of reducing steel capacity by more than 50 million metric tons. It also cut overproduction in other industries, such as cement.
In Astana, Xi held talks with his old friend, Kazakh President Nursultan Nazarbayev, to take stock of the achievements the two countries have made and to chart the course for future cooperation.
In 2019, Jizhou district delivered rapid growth in the tourism sector. It received 28 million trips from Chinese and foreign tourists, up 8 percent year-on-year. The sector's overall revenue reached 16.5 billion yuan during the period, up 15 percent year-on-year. The tourism sector has provided 60,000 jobs for the area's farmers, benefiting 180,000 local residents.
In April, China said it will remove restrictions on new-energy vehicle ventures this year, and will scrap foreign ownership caps on local auto companies by 2022.
In 2017, China committed itself to the G20 Operational Guidelines for Sustainable Financing, and in 2019 to the G20 Principles for Quality Infrastructure Investment, both of which contain debt-related provisions including complying with World Bank and International Monetary Fund policies for countries where debt sustainability is already a concern.
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In 2018, he joined a small tomb-sweeping activity of John Rabe and Robert de Besange in Berlin, with over 20 local Chinese people. During the War of Resistance Against Japanese Aggression (1931-45), they offered numerous Chinese refugees food and shelter in Nanjing and Shanghai. Jiang is the initiator of the rebuilding of their tombs and monuments. He believes it's important to publicize their great contribution to the Chinese people and says it is good to pay homage during the festival.
In 2018, total retail sales of consumer goods exceeded 38 trillion yuan (.64 trillion), a year-on-year increase of 9 percent, data from the National Bureau of Statistics showed.
In 2018, there were more than 432,000 invention patents granted in China, a 5.8 percent year-on-year increase. And more than 148,000 patent applications from foreign entities were submitted, up 9.1 percent from 2017, according to the National Intellectual Property Administration in China.
In 2018, De Beers, the world's largest diamond miner, launched its lab-grown diamond line Lightbox Jewelry. It charges about 0 for a 1-carat lab-grown diamond, which is much cheaper compared with ,000 for a mined diamond.