The consultancy said China is the world's second-largest market for cloud infrastructure services. Alibaba Cloud, the cloud computing arm of Alibaba Group, accounted for 46.4 percent of China's cloud computing market last year, followed by Tencent Cloud (18 percent) and Baidu Cloud (8.8 percent).
The country should treat state-owned companies and private companies equally in terms of financial policies, including lending and bond issuance policies, Yi said at a meeting with commercial banks and companies.
The country will redouble efforts to develop major transportation and water conservancy projects, and increase national railway development capital by 100 billion yuan (about billion).
The coolest photo ever of Seattle’s skyline is going viral (4 comments, 1,300 Facebook likes)
The country will also step up efforts to improve the linkage between pork production and sales to keep the pork price stable.
The cost of raw material is a major driver for the price surge. According to a statement from Tsingtao Beer, packaging material costs have gone up, pushing up production costs. Snow Beer also blamed increases in raw materials, packing and labor costs.
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The consumer inflation in China, which is indicated by the consumer price index (CPI), rose to 5.4 percent in January, compared with 4.5 percent in December, mainly driven by the higher food prices amid the outbreak of the virus.
The corruption scandal disclosed the country's inveterate collusive ties between politicians and businessmen, under which large conglomerates grew rapidly but distorted order of the market economy, eventually causing loss to the entire economy.
The contentious relationship between both countries has cast doubt and prompted a "wait and see" attitude from Chinese executives and investors who have visions of taking their companies public on Nasdaq or the New York Stock Exchange.
The construction of the new alpine ski center in Yanqing and the snow park for freestyle skiing and snowboarding at the Genting Resort in Zhangjiakou will be finished first - by the end of 2019 - while the construction of other new facilities, including the National Speed Skating Oval, and the remodeling of existing ones, will be completed in 2020.