The China Great Wall Asset Management Corporation's exhibition booth, during a fair in Shanghai, June 22, 2016. [Photo/VCG]
The Cabinet also vowed to boost investment from private businesses and SMEs, saying that businesses will be incentivized to increase investment in technology upgrades and improve productivity.
The China Association of Metal Scrap Utilization's 2016-20 plan, published last December, said that China's scrap steel ratio should reach 20 percent by 2020.
The China-Europe freight train waiting for departure at Xiangtang railway port in Nanchang, East China's Jiangxi province, Feb 17, 2020. [Photo/Xinhua]
The Chinese and the French economies complement each other in many ways, said Tu. "France has strong advantages in technology, fashion, creative industries and the like, while China has a large domestic market undergoing consumer and industrial upgrading."
The Chinese government has outlined a series of policies this year, looking to remove the hurdles that have been preventing the escalation of subsidy-free photovoltaic projects in the world's biggest solar power market.
衡阳口腔隐形矫正费用
The Caixin/Markit PMI for manufacturing activity, released on Friday, stood at 49.9, compared with 48.3 in January, with sub-indexes of output and new orders returning to the expansionary territory.
The Chinese banking sector was given a "stable" outlook over the next 12 to 18 months amid a steady operating environment, according to a report released by credit ratings agency Moody's.
The Chinese mainland is willing to deepen cooperation with the Hong Kong and Macao Special Administrative Regions in combating the COVID-19 epidemic and enhance sharing of disease control techniques and experiences, a senior official from the National Health Commission said on Friday.
The CUES is an agreement reached in 2014 that aims to reduce the chance of an incident at sea among countries involved, and to prevent it from escalating amid rising territorial and maritime disputes.