In Jakarta, Li will have talks with Indonesian President Joko Widodo; and Lim Jock Hoi, secretary-general of the Association of Southeast Asian Nations. A number of proposals are expected to be made for promoting China-Indonesia cooperation under the Belt and Road Initiative.
In January, an index that measures the yuan against the Bank for International Settlements currency basket went up 0.85 percent to 96.75, while against the Special Drawing Rights basket it strengthened 0.99 percent to 96.94, according to CFETS.
In January and February, investment momentum rose with nominal fixed asset investment growth at 7.9 percent, up from 6.4 percent in the fourth quarter of 2017. Export growth surged to 17.7 percent from 6 percent during the same period, according to the National Bureau of Statistics.
In January, Baosteel purchased about 330 million yuan worth of iron ore from Brazilian iron ore miner Vale in Chinese currency. Another deal worth nearly 100 million yuan was reached between Baosteel and Australian miner BHP Group in April. BHP said in a statement that it is expecting to complete its first blockchain iron ore transaction with Baosteel soon.
In January 2018, Ji was placed under investigation by the Communist Party of China Central Commission for Discipline Inspection and the National Supervisory Commission for serious violations of Party discipline and laws. He was expelled from the Party and removed from his administrative post.
In Kaiqi's system, the slurry is first fermented inside vast tanks for 40 days, before being sterilized and then filtered to produce biogas, liquid and solid biofertilizer, and clean water. The gas can be used to generate electricity, while the fertilizer is suitable for organic farming.
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In Changsha, Li visited the Bosch Automotive Products (Changsha) Co, a pilot smart manufacturing factory of German parent company Bosch Global.
In January, SoftBank invested about .3 billion in the company when its valuation and IPO prospects were high. But WeWork withdrew its planned IPO in October, and SoftBank assembled a .5 billion bailout of the company.
In July 2019, cargo trains began transporting XC60 SUVs from Chengdu to the UK and other European countries, which marked a new milestone after Volvo's acquisition by Geely from Ford in 2010.
In June, natural gas output surged 14.6 percent year-on-year to 11.55 billion cubic meters, 4.1 percentage points higher than the growth in May.