It has also announced the launch of a budget car brand in February to penetrate smaller Chinese cities.
It also plans to work with relevant authorities in the country to introduce car emissions-related problems into China's car recall regulations, and gradually include all problems that affect people's safety and property in legislation, said the administration.
It has also saved many struggling US factories by infusing much-needed investment.
It forecast that Chinese banks will proceed to a dividing ridge regarding performance during the next three years, as interest margins keep shrinking, the expectation for a rise in nonperforming loans still remains, and regulatory tightening forces companies and financial institutions to deleverage.
It also comes amid turmoil at Netflix, which has experienced a customer backlash over the separation of its streaming video and DVD-by-mail services. For its part, Netflix over the weekend landed a coveted streaming deal with Dreamworks Animation.
It also encourages the public can take some outdoor exercise when the weather is good, which is helpful to increase the quality of life and health.
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It has been a little over a month since the Seattle-based tech giant announced plans to open a second “fully equal” corporate headquarters in North America — and boy, what a month it’s been.
It forecast that by 2020, the number of tenants is likely to exceed 100 million and the number of shared homes will exceed 6 million.
It also predicted a steady increase in the output of major agricultural products in China over the next 10 years, including wheat, vegetables, fruit and aquatic products.
It has also formed partnerships with financial institutions such as the Asian Infrastructure Investment Bank, the China Development Bank and the Silk Road Fund to exploit opportunities presented by the Initiative.