Su Zimeng, executive vice-president and secretary-general of China Construction Machinery Association, said the construction machinery sector came in with a robust performance during the first three months of the year and is on track for steady growth.
Still, much commercial space remains empty. An industry report from the National Development and Reform Commission, the country's top economic-planning agency, showed how the commercial property inventory significantly exceeded the housing one.
Streamlined procedures will be available to companies, with license application and government approval not required for industries that are not prohibited by law or mandatory standards.
Still, convenience stores face a myriad of challenges.
Stressing these as two "basic points," Pan said China's foreign exchange management aims to better serve enterprises and the real economy and maintain a healthy, steady and good market order.
Suggestions for online car-hailing operators included improving real-time traffic-status updates and the time-prediction algorithm, according to JD Power.
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Students for photos in Liaocheng University in Liaocheng, East China's Shandong province, on April 15, 2017. [Photo/VCG]
Such a focus on domestic demand is rational due to the serious fallout of the COVID-19 pandemic, which has dampened domestic economic activities and reduced international demand for Chinese goods and services, said Li Yiping, a professor at the School of Economics of the Renmin University of China in Beijing.
Strong economic data and increased demand are driving up copper prices in China after they slumped by nearly 10 percent earlier this year.
Still, emerging industries have yet to solve problems such as job losses amid economic restructuring. Zhao, though, is confident that will eventually change as emerging industries expand in the next a few years.