The country will continue to open its door to the world by opening up its financial sector, fully opening the general manufacturing sector and welcoming investment in fields such as healthcare, education, eldercare, telecommunication and new energy vehicles, the minister said.
The country has already established the world's largest 5G test field in Huairou district, Beijing, where about 30 telecom base stations were built and China Mobile, Huawei, ZTE Corp and a string of foreign tech companies have finished China's second phase of 5G research and development tests.
The country will also accelerate the proper reduction of social security fee rates to ensure no further financial burdens to enterprises and to stimulate market vitality.
The consumer price index, a main gauge of inflation, rose 1.5 percent year-on-year in February, compared with 1.7 percent growth in January. The producer price index, which measures costs for goods at the factory gate, edged up 0.1 percent year-on-year in February, data from the National Bureau of Statistics showed.
The cooperation between Chinese and Australian enterprises is mutually beneficial, he said, adding that Australia should facilitate such cooperation because it not only conforms to the interests of Chinese companies but also the interests of Australian companies and consumers.
The corporate burden has been reduced significantly in China, with the country cutting logistics costs by more than 88 billion yuan (.4 billion) in 2017, through measures such as the removal of a number of road tolls and the introduction of streamlined traffic services.
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The construction of the railway bridges along the China-Laos railway made a breakthrough in 2018. China Railway No 2 Engineering Group (CREC-2) has completed the main work construction of Nam Khone super major bridge, the longest bridge along China-Laos railway, also the longest-ever bridge in Laos in June. In July, all the foundation construction work of all the two cross-Mekong River super major bridges, namely the the Luang Prabang bridge and Ban Ladhan bridge, has been completed by CREC-8.
The country has become better known among Chinese people thanks to the outstanding performance of its national football team in the 2018 FIFA World Cup, the report said. It is also a prominent filming location for HBO's fantasy epic Game of Thrones.
The country will also raise the efficiency of the central bank operations, including standing lending facility, medium-term lending facility and reverse repos.
The construction of 232 key transport projects, each worth over 10 billion yuan, had been restarted by the end of June, according to the ministry.