The consultancy firm predicts that by 2030 annual sales of light vehicles in China, the world's biggest automotive market, could rise over 30 percent from current levels to 35 million units.
The contracts carried no strict time limits, which helped keep the rural areas and agricultural sector stable over the long run.
The construction area of government-subsidized houses accounted for 41.3 percent of all commercial housing.
The conference will bring the world's most innovative ideas and technologies to Guangzhou, and also attract enterprises, manufacturers and scientific research institutions to invest and settle in the city, according to Shi Pengfei, an official with the Guangzhou science and technology bureau.
The contract marked a new milestone in BYD's overseas growth, and confirmed it is the first Chinese vehicle maker to taste success in Japan, a market that has spawned global auto brands.
The country has set a GDP growth target of about 6.5 percent this year, and with first-quarter growth picking up to 6.9 percent, it has already laid a solid foundation for the whole-year goal. The Asian Development Bank forecast recently that China's growth could be 6.5 percent this year. "That’s really high.," Sawada said. "China's long-term growth momentum will continue."
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The country on Wednesday already set a world record of single-day case count, as 196,227 new cases were reported and hospitalizations exceeded 100,000 for the first time.
The country sells more electric vehicles than the rest of the world combined. It also leads the world in construction of nuclear power plants, the Economist reported earlier this year.
The country has invested 755.5 billion yuan (4.5 billion) in civil aviation infrastructure since 2012, with 53 cargo airports, 48 runways, and 971 stands constructed.
The country will create a comprehensive legal framework and powerful regulatory coordination system by 2020 to effectively control cross-border financial crimes, according to the guideline, released by the State Council, China's Cabinet.