The country plans to extend the courier network and improve computerized systems, services, and international connections by 2020. The target annual revenue of the courier sector will be 800 billion yuan at that time.
The country will host the Belt and Road Forum for International Cooperation on May 14-15 in Beijing, enabling participants to exchange views on the future development of the initiative.
The country vowed to keep its prudent monetary policy "neither too tight nor too loose" and make counter-cyclical adjustments in a timely and moderate manner, the central bank said in its second-quarter monetary policy report.
The country is still at an early stage in building a matching system between truckers and shippers in long-haul trucking secotr, said Cai Lili, an analyst at Beijing-based internet consultancy Analysys.
The construction of the Big Air snowboard and ski slope for 2022 Winter Olympics is completed in Beijing on Oct 31, 2019. [Photo provided to China Daily]
The country currently imposes a 25 percent tariff on all imported vehicles.
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The cooperation with Tencent may result in building smart stores as well, said Wang Guangyong, chief director of Miniso's brand center.
The country will use a variety of tools such as required reserve ratio reductions, interest rate cuts, and re-lending to enable M2 money supply and aggregate financing to grow at notably higher rates than last year, according to a government work report.
The cooperative sets up a big screen to display 16 weather monitoring indexes including air temperature, humidity, soil moisture, temperature, light intensity, wind direction, wind speed and rainfall.
The cooperation will boost China's efforts to reinvigorate its northeastern provinces of Liaoning, Heilongjiang and Jilin, as well as serve Russia's strategy to develop its Far East, according to Li Hezhong, president of the Yingkou Port Group Corp.