The country will take significant steps to develop elderly care, especially community elderly care services, as the number of people in China aged 60 and above has reached 250 million, the report said.
The country also phased out the production capacity of 140 million tons of low-quality steel made from scrap metal last year.
The country will move to expand service exports, boost service consumption and push poverty reduction through development of the household service industry, according to the ministry.
The country rolled out specific measures Friday in latest move to ease or lift foreign investment restrictions in its financial markets. For example, foreign businesses will be allowed to own up to 51 percent of shares in joint ventures in securities, funds or futures, and the cap will be phased out over three years.
The country has set up 1,706 housekeeping enterprises nationwide providing jobs for 700,000 people. Moreover, 998 housekeeping training centers have been built, including 139 national-level centers. They provide training for up to 600,000 women every year.
The country's M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 10.9 percent year-on-year to 216.41 trillion yuan at the end of September, said the People's Bank of China.
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The cotton is growing well this year and is expected to reap a bumper harvest, according to the regional department of agriculture and rural affairs.
The construction of Chancay terminal includes multipurpose terminals, container terminals and related infrastructure facilities. The first phase of the terminal will have four berths, of which two are multipurpose berths, and the other two are container berths with a total annual designed capacity of 1 million TEUs, or twenty-foot equivalent units, an industry measure of cargo capacity.
The construction cost for Phases 1 and 2 of the project has been reduced by RM21.5 billion (.22 billion) to RM44 billion.
The coronavirus epidemic will have only a "temporary impact" on China's economy, and the country's good economic fundamentals for long-term growth remain unchanged, according to Lian Weiliang, deputy chief of the National Development and Reform Commission.