The countdown to 2020 may have forced Trump to act on another front. On Monday, Canada and Mexico lifted tariffs imposed on American farm products, including pork, milk, cheese and wine, after Trump agreed to lift US tariffs on aluminum and steel.
The construction of Tesla's gigafactory generated concerns in domestic auto market as well. Industry analyst Cao He said the electric vehicle market in China will face a reshuffle in the next three years, with only one or two left. Jones Zhong, on the other hand, said Tesla's entrance will not shake the industry, as its position is higher than most newcomers domestically and does not belong to the same segment.
The country started renovation of 6.09 million homes in shanty towns in 2017, exceeding its target of six million.
The conference attracted tech experts from global leading tech companies, such as Microsoft, IBM, 360 and famous scholars from the Chinese Academy of Science, Chinese Academy of Engineering, Columbia University and Carnegie Mellon University. Financial giants also attended, including executives from Industrial and Commercial Bank of China, Bank of Communications and China UnionPay.
The contracts include construction of a solid waste incineration power plant, highways, urban rail traffic systems and hospitals, the CNCEC said on its website.
The country saw an expanding high-speed railway network over the years, with a total length of 29,000 km by the end of 2018, accounting for more than two-thirds of the total high-speed railway in the world. China aims to build 30,000 km of high-speed railways by 2020.
周口大型工业吸尘器
The coronavirus death toll per million residents in Mexico, whose population numbers about 120 million, is the 16th highest in the world, according to data by research firm Statista.
The country has vast arable land and 38 million livestock. Currently oil and mining dominates the economy in terms of revenues, accounting for 98 percent of the fiscal budget since the country's independence from Sudan in 2011.
The cost of boarding schools in the UK includes tuition and boarding fees. The average cost in 2017 reached 10,753 pounds (,314) per semester or 32,259 pounds per year, according to research by China Merchants Bank and the British Council.
The country is also home to the second-largest number of so-called unicorn companies, next only to the US. Such companies have a market value over billion each and have been operating for over 10 years. About 20 percent of these Chinese companies have made technology breakthroughs while the remaining 80 percent have made innovations in business models, explained Hou Yankun, chief China strategist at UBS Investment Bank China.