The conclusions were based on data from the Fourth Sample Survey on the Living Conditions of China's Urban and Rural Older Persons in 2015, the central government's statistical bulletins and reports by other institutions.
The cooperation deal though sparked worries that the total investment size on 5G will be reduced sharply since the two major players will only build one network instead of two separate networks as originally expected. If that is the case, it could be bad news for Huawei and ZTE.
The country officially kicked off 5G commercial use in 2019. Telecom carriers have invested a lot to build a 5G network, while mobile phone producers have scrambled to introduce 5G smartphones.
The congress, China's most significant political event in five years, came at the decisive stage in building a moderately prosperous society in all respects and a critical moment as socialism with Chinese characteristics has entered a new era.
The construction of the road has been halted under the order of Hun Sen to maintain niceties with Laos.
The country will take steps to build a comprehensive personal bankruptcy system by gradually promoting reasonable liability exemptions for an individual, when their consumer debt meets requirements, according to a plan released Tuesday on the official website of the National Development and Reform Commission.
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The core leadership of the Communist Party of China, for the first time, raised the notion of demand-side reform on Friday, in pursuit of the "dual-circulation" development pattern, in which the domestic market is the mainstay while the domestic and foreign markets boost each other, Fu added.
The council also decided to convert less-profitable rice paddies into vegetable gardens to cater to the city's large demand for fresh vegetables.
The construction work will start in several months after a geological survey, and over 90 percent of workers will be hired locally as required by local regulations, Chang was quoted as saying by Xinhua News Agency.
The consolidation makes CNBM the largest comprehensive group in the building materials industry, with total assets of 550 billion yuan (.3 billion). CNBM also leads the world in production capacity of glass fiber and gypsum board.