Guided by funds from Central and local governments, the total investment into these projects has surpassed 10 trillion yuan (.4 trillion), he added.
Guo Xin, a marketing professor at Beijing Technology and Business University, said that in addition to middle-income earners, China's millennials will have more purchasing power because many of their parents not only own an apartment but are not weighed down excessively by accommodation or mortgage concerns.
Guo Degang (R), a popular Chinese traditional crosstalk performer, shows a letter of agreement with Director of the National Museum of Australia (NWA) Mathew Trinca at NWA in Canberra, Australia, March 29, 2018. Guo Degang signed the letter of agreement here on Thursday with the NWA to become the museum's cultural ambassador in China. [Photo/Xinhua]
Guangzhou is also encouraging overseas talent to start up their businesses and attracting leading international schools to set up their branches in the city.
Guo, 23, of Beijing, a pre-computer science major, was remembered and honored publicly at a candlelight vigil held on the Utah campus on Nov 1. His funeral service is being arranged by his family through The Church of Jesus Christ of Latter-day Saints.
HEFEI - The Kangmei Chinese medicinal material price index, a barometer of the traditional Chinese medicine (TCM) material market, rose 0.16 percent to 1,240.28 points on Wednesday.
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Guo Shengkun, a member of the Political Bureau of the CPC Central Committee and head of the Commission for Political and Legal Affairs of the CPC Central Committee, made the remarks on Thursday at a symposium in Beijing.
Guo sees the country's wedding custom of buying gold jewelry as a solid driver for the business.
HOHHOT - A court has sentenced and fined two people for vandalism at a key national protected relics site in northern China's Inner Mongolia autonomous region.
Guiyang is the capital of Guizhou province, one of the poorest regions in China-and definitely not what Chen might have aspired for, compared to career-minded Chinese professionals' preferred destinations such as first-tier city and innovation hub Shenzhen.