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The data showed the Chinese real estate market would see continuous rapid growth and is dominated by top companies, said Yi Xianrong, an industrial insider and former researcher for the Chinese Academy of Social Sciences.

The current global economic environment has made the Chinese yuan attractive for cross-border transactions, several officials said during the ongoing 2020 China-Singapore Connectivity Initiative Financial Summit.

The country's target is that by 2020, all rural residents living below the current poverty line will have been lifted out of poverty, and poverty will be eliminated in all poor counties and regions.

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The deadly crash is the latest in a string of US military aviation accidents around the world in recent years, which have prompted hearings and criticism in Congress over aircraft safety.

The deal involves Jingye buying British Steel's steelworks in Scunthorpe and its mills in Teesside, as well as subsidiary companies FN Steel and TSP Engineering.

The country's central bank, the People's Bank of China, has injected 2.8 trillion yuan of medium- to long-term liquidity into the financial sector this year through monetary policy tools.

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The deal, if it were to go through, would also give Amazon fairly small locations, lending?enough space to accept returns and serve as a mini warehouse for same-day delivery of products. There could even?be enough space to have a?showroom, displaying its?own?Kindle and Fire products.

The country's purchasing managers' index for the manufacturing sector stood at 50.9 in June, up from 50.6 in May. The PMI for the non-manufacturing sector came at 54.4 in June, rising from 53.6 in the previous month, according to the NBS.

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The country's leadership has never attached so much emphasis to the capital market like now, Xiao said at a forum on Tuesday, adding that the capital market is more efficient than the banking system in allocating resources among the tech sector.

The cumulative value of US FDI transactions in China since 1990 has exceeded 0 billion as of the end of 2016, while this figure was only 0 billion for Chinese companies' investment in the US, the report says.