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President Xi Jinping, who spoke at the Second Belt and Road Forum for International Cooperation in Beijing recently, listed areas in which China will improve the environment for foreign investment.

President Xi Jinping's upcoming trip to Kazakhstan, beginning on Wednesday, is expected to bring more outcomes of cooperation on jointly building the China-proposed Belt and Road, analysts said.

Promotion of high-quality growth entails a good business environment, Li said, urging Shanghai to increase efforts in this regard and reduce institutional costs to invigorate the market and make local people's life easier.

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Primary industry posted the fastest FAI growth, up 16.5 percent year-on-year, followed by the service industry with an increase of 11.3 percent and 4 percent in the secondary industry.

President Xi Jinping, also general secretary of the CPC Central Committee, said in a report delivered at the 19th CPC National Congress in October that China will increase aid to developing countries, especially the least-developed countries.

Production will evolve toward intelligent, safer, concentrated, customized and environmentally friendly methods.

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Progress

Prior to the July talks, the EU had prepared retaliatory measures should negotiations falter.

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Previously an all-Airbus operator, Juneyao Airlines mainly runs flights from Shanghai, China's economic and financial hub in the east of the country, to more than 50 cities throughout China, the world's second-largest economy.

Private investors rush into booming sector amid quality concerns