The move was in response to China's fresh retaliation against proposed US Section 301 tariffs on 1,300 Chinese products worth billion.
The nation's software sector posted revenue growth of 14.8 percent year-on-year in the year's first four months, according to the ministry. Its capability for innovation has been rising, with the number of software copyright registrations exceeding 1.1 million in 2018.
The move to dismantle the real tollgates will help resolve traffic jams on provincial borders, said Dai Dongchang, vice-minister of transport in a policy briefing in May.
The move is part of an ongoing transformation of China's economy and society, one that is driven by both the public and private sectors and from the largest and most established companies to the smallest startups.
The move also sent a reassuring message of China's continuous commitment to openness and free trade at a time when global growth is challenged by rising trade friction, protectionism and geopolitical uncertainties, experts said.
The move could make the Fire TV attractive to people who would otherwise avoid buying a set-top box at all, or choose a cheaper alternative, like Google’s Chromecast dongle. Amazon has plenty of incentive to offer its box to consumers at as low a price as possible, since it gives people more reason to use the company’s Instant Video service.
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The nation's foreign exchange reserves, which were used as a currency defense when the yuan suffered strong depreciation pressure two years ago, has dropped .6 billion from January to April, after 12 months of growth since February 2017, according to data from the central bank.
The move was intended to maintain reasonable and ample liquidity in the banking system, the central bank said.
The move is to reduce risk for banks, and also goes in alignment with the government's long-term mechanism to encourage stable and healthy development of the property market, he said.
The nation will seek to maintain strong digital growth momentum by conscientiously developing the booming internet of things (IoT) sector, according to the country's top industry development regulator.