The country will explore emerging markets while maintaining ties with traditional ones amid virus-hit global demand, Commerce Minister Zhong Shan told a press conference, citing increasing trade volume with countries along the Belt and Road.
The country will focus on key areas in the industry to build an innovation network to pave the way for its development, Luo Wen, vice-minister of the Ministry of Industry and Information Technology, said.
The core CPI, which excludes food and energy prices, rose 0.5 percent year-on-year last month, 0.4 percentage points lower than in June.
The counterfeit goods were fakes of those made by Shandong province-based Dong'e Ejiao Co, the country's top maker of a signature traditional Chinese medicine product. They were actually made with ox hide and edible gelatin. Official tests showed that the bogus goods did not pose a health risk to humans.
The contract for settlement in December 2020 opened 0.01 percent higher at 100.68 yuan. The contract for settlement in March 2021 had no trading at opening.
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, Lian Weiliang, deputy chief of the National Development and Reform Commission, said earlier this month.
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The country will further support the development of commercial endowment insurance and establish a long-term care system which links insurance, welfare and aid, according to the meeting.
The country will improve the infrastructure for supplying water, power, and information, and build or upgrade 200,000 kilometers of rural roads, Li said at the opening meeting of the annual parliamentary session.
The conference also brought news of the sizeable boom China's digital economy is going through, with the release of the World Internet Development Report 2018 and China Internet Development Report 2018 on Thursday morning.
The cooperation is also part of Guizhou's broader efforts to become a big data and cloud computing hub in China. The province aims to help integrate data technology into more than 10,000 real-economy companies by 2022, and bring more cloud computing businesses to the region.