The country has reduced the operating cost for foreign trade enterprises this year by increasing the export tax rebate rate of some products to boost export confidence and enhance international competitiveness of export products, Cui Zhijuan, professor at Beijing National Accounting Institute, told Securities Daily.
The country plans to invest between .5 billion and billion to upgrade the East-West highway and the country's freight train network, and build the Anaklia deep sea port mainly for bulk vessels, with an annual handling capacity of 100 million metric tons of cargo.
The country has renewed its opening-up efforts over the past two years, with new regulations on asset management unveiled in May 2018 and a slew of measures introduced this July to relax restrictions on its financial market.
The construction of Egypt's new administrative capital is a national mega project that is designed to gradually expand over an area of 700 square km.
The country has removed foreign ownership limits in the futures, securities, mutual funds and life insurance financial sectors this year. This was done after implementing the Foreign Investment Law starting on Jan 1 to better protect the interests of foreign businesses.
The concept of the "median line" was created around 1955 by US General Benjamin Davis Jr, commander of the US Air Force Air Task Force 13, which was then based in Taipei, after Taiwan signed a mutual defense treaty with the US. The line was later redrawn by Taiwan defense officials and the latest coordinates were published in 2004.
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The country achieved its economic growth target of 6 to 6.5 percent set for the whole year of 2019, and registered an annual GDP of 99.0865 trillion yuan (.4 trillion).
The cost of water transport is also expected to decline because of the capability to carry more large ships.
The country will also encourage undergraduate colleges and vocational schools to launch majors of household services and work to improve the standard and credit system to promote the sound and sustainable development of the household service industry.
The construction of the first Bangladesh-China Friendship Bridge, with a span of more than 917 meters in length, began in October 1986, and was completed in February 1989.