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Government support is crucial to these ambitions.
Google Cloud Platform will open an infrastructure region in Hong Kong this year, putting the city on course to become the platform's sixth region in the Asia-Pacific area, after Mumbai, Sydney, Singapore, Taiwan and Tokyo. In 2013, the company scrapped plans to build a data center in Hong Kong.
Governments also need to make debt management and transparency a high priority so that new debt adds to growth and investment, Malpass said.
Growth of delivery services has created jobs, with the number of employees in the sector up 130 percent by November 2017 from January 2014, according to the China Federation of Logistics and Purchasing.
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Gold consumption for industrial and other uses dropped 3.28 percent to 79.21 tonnes.
Gu Chujun meets with journalists in Beijing in 2012 after being released from prison. [Photo by Jiang Xin/For China Daily]
Government added 344,000 jobs in August, including 328,000 census workers.
Gree Electric Chairperson Dong Mingzhu this year made proposals in three major areas, namely the innovation capability in the manufacturing industry, protection of intellectual property rights and patents, and threshold of individual income tax.