The cost of recycling some varieties of waste could be higher than the cost of incinerating them for power generation, he said. Meanwhile, price fluctuations may sometimes make the recycling of some waste unprofitable. That means strong government support is needed to ensure the sound development of the waste utilization industry, Jiang said.
The continuous effort to restrict speculative property purchases and curb house prices has paid off in a number of cities as the market in early October displayed signs of cooling down, according to industry experts.
The country began to import meat products from 16 more countries in 2019, with imported meat hitting 5.49 million metric tons in the first 11 months, climbing 42 percent year-on-year, customs data showed.
The country has made bond issuance the sole legal path for local governments to raise their debts amid efforts to forestall systemic financial risks.
The consensus also calls for further strengthening international cooperation revolving around the Belt and Road Initiative to bring new momentum for common development. It also proposes that countries should seek common ground while reserving differences and learn from each other to build an open and tolerant world free from isolation.
The country's GDP growth will moderate to 6.5 percent next year and fall further to 6.3 percent in 2019 as policymakers step up industrial capacity cuts, leverage controls and property curbs, according to Robin Xing, chief China economist with Morgan Stanley Asia Ltd.
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The country's ODI flow reached an historical high of 5.7 billion in 2015.
The cooperation can help customers maintain food consumption within a reasonable range, as customers stand to receive automated menu recommendations based on the number of diners, their preferred flavors and spending levels.
The country has banned the import of 56 types of waste since it decided to phase out garbage imports in 2017. So far, imports have declined by 71 percent, said Liu Youbin, spokesman for the Ministry of Ecology and Environment.
The country has made significant advances in technology in areas such as supercomputing and artificial intelligence. This has helped to propel its economic growth and raised the bar for innovation across the world.