十年后IMF总部有可能迁至北京

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In the past, regulators paid more attention to the scale of a SOE's revenue, but for the next stage, more attention will be placed on SOEs' return on areas such as net assets, revenue margin, investment on research and development, and added value, so that a SOE will not only be a leader in terms of revenue scale, but stands out for development quality and efficiency, he said.

In the interview, Wang reiterated that any attempt to interfere in China's internal affairs or hold back China's development "will be crushed by the wheels of history".

In the process, the bug may have unwittingly paved the way for actualizing the full potential of e-commerce, and transformed the fortunes of certain categories of products and services like healthcare, household necessities, consumer electronics, kids products like toys and learning aids, and even fashion and cosmetics, in spite of women staying indoors mostly.

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In the past five years, the global economy expanded at an average rate of 2.6 percent, while developing economies grew at 4 percent.

In the next step, the ministry will make a big push to promote digital industrialization and industrial digitalization. More efforts are also needed to speed up the construction of digital infrastructure; promote the large-scale commercial deployment of 5G; accelerate the digital, networked and intelligent transformation of manufacturing; improve data services; and strengthen international exchanges and cooperation in the digital economy, Xiao added.

In the past year, the 20th China-EU leaders' meeting was successfully held. Leaders of many European countries, including Britain, France and Germany, together with about 10 commissioners of the European Commission and more than 50 members of the European Parliament have visited China.

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In the statement, the top leadership instructed city authorities to promote the organic integration of government and urban functions, while highlighting the core area's role in serving Beijing's function as the national political center.

In the long term, if newcomers help cities to achieve breakthroughs in technologies and business, it would create more jobs, drive consumption and boost tax revenues, Lin said. But local governments may have to beef up their public services and products in the first place, and bolster the business environment as well as talent assessment systems.

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In the second quarter of this year, it shipped 23.16 million smartphones globally, up 70 percent sequentially, marking a record high for its quarterly smartphone shipments.

In the joint statement issued by China and France on jointly safeguarding multilateralism and improving global governance, the two sides pledged to build international relations of mutual respect, equality, justice, and win-win cooperation on the basis of respecting international laws and the basic principles of international norms, Wang said.