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The fair is scheduled to be held on June 27-29 in Changsha, capital of Central China's Hunan province with conferences, forums and exhibitions, and has so far attracted a total of 233 cooperation projects, worth approximately 74.7 billion U.S. dollars.

The exhibition showcases IoT application cases and offers visitors the chance to try related products. An online exhibition is also held on the website of the 2019 expo.

The figure went up 0.1 percentage points from the previous month, according to the National Bureau of Statistics.

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The financial industry was the major driver of economic growth. The added value of the industry registered in the city ticked up 7.4 percent from a year earlier, and the total trading volume of the city's financial market jumped 13.4 percent year-on-year during the first half of 2020.

The event, jointly organized by the Central Committee of the Communist Youth League of China, the Ministry of Civil Affairs and other seven authorities, focuses on promoting volunteer culture and the construction of voluntary service system, as well as showcasing outstanding volunteer service projects.

The expressway will be crucial to reducing traffic jams and enabling faster and more efficient transport of goods and people. It will generate income for the country, and benefit local areas in particular by helping to bring foreign investors to the region, Liu said.

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The fact that empresses were able to compose poetry and read in their leisure, and that an emperor would at times go to his mother or his wife to discuss weighty matters of state, "helps us understand that these women were educated, they were thinkers", Stuart said.

The farm－called the Sino-US Friendship Model Farm－will cost an estimated billion and will cover 3,300 acres (1,336 hectares) outside the town of Hushiha in northern Hebei province, according to a senior official.

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The fight against financial risks, he pointed out, will focus not only on the investigation and rectification of violations of laws and regulations, but also on filling regulatory gaps and building a long-term mechanism for risk prevention and control.

The financing needs of private corporate borrowers in China are still underserved by the formal banking sector because of structural factors, including implicit and explicit government guarantees for State-owned enterprises, and information asymmetries between lenders and private sector borrowers, according to industry experts.