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The most desired benefits for college students are housing allowances, supplementary medical insurance and routine checkups, with 87.42 percent expecting employers to offer housing subsidies, the report showed.

The move also coincided with a bilateral initiative to study the feasibility of laying an underwater fiber optic cable between China and Chile to facilitate communication with Latin America, he said.

The moves came as domestic financing by real estate developers shrank, following tightened market regulation aimed at curbing asset bubbles and preventing financial risks.

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The move came as China is ramping up the development of smart connected vehicles.

The ministry's announcement came after the US government labeled 36 countries as inadequately protecting US intellectual property rights on Friday, keeping China on a priority watch list and adding Canada over concerns about its border controls and pharmaceutical practices.

The move came as SAP is implementing its "China Accelerators "initiative, a five-year plan that started last January to strengthen input in the country and to bolster business growth.

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The money will be used for research and development, as the company seeks to build a smart logistics assets service platform.

The nation's steel consumption is expected to rise 7.7 percent to 725 million metric tons this year amid an improving economy and better performance of major steel consumers, an industry research and planning institute said on Monday.

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The move marks an accelerated push by China to commercialize 5G, a technology widely recognized as having strategic importance in fueling industrial upgrading and economic growth, analysts said.

The most eye-catching of the missions this year will be the third flight of China’s largest carrier rocket — Long March 5, following a failed mission in July — and the Chang’e 4 lunar landing mission that will put a robotic probe on the far side of the moon.