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The cross-border rail network has bridged 35 Chinese cities with 34 European cities in 12 countries over the past six years.

The data from the GAC also indicated that China's private sector has been playing an increasingly important role in trade. In the first 11 months of 2018, the total import and export volume from private companies reached 11.03 trillion yuan, up 14.4 percent year-on-year, accounting for 39.6 percent of the total trade volume.

The country's property sector has remained stable in 2019 amid tailored housing regulations for different cities, Wang noted.

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The country’s exports increased 7.4 percent year-on-year to 3.54 trillion yuan, while imports expanded 11.7 percent to 3.21 trillion yuan, he said.

The country's infrastructure investment growth dropped to 5.7 percent year-on-year in the first seven months of this year, the slowest rate since 2012. It was 20.9 percent during the same period last year.

The crash, which occurred at around 6:20 am on Tuesday, destroyed nine vehicles inside the tunnel in Laiyuan county of Baoding - a section of highway connecting the province's Zhangjiakou and Shijiazhuang cities.

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The court has jurisdiction over 1,100 square kilometers and serves 170,000 people.

The current consumer price index, which hit a 18-month high of 3 percent in September, cannot reflect the overall price level, as the industrial products' prices maintained a relatively lower level. "Cutting interest rates is very necessary," he said.

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The daily remittance limit was lifted from 50,000 yuan. This move will help to meet the renminbi settlement needs of Macao residents, and facilitate the economic and trade connection between Macao and the mainland, a statement on the website of the People's Bank of China, the central bank, said.

The deals were signed at the Zhejiang Provincial Promotion Conference on Belt and Road Construction.