The plan is expected to create opportunities in multiple industries and boost the number of companies in Shenzhen. More companies means the oversupply in the office space market will be eased. Interest by investors in the city's office space market is expected to grow.
The political atmosphere in the country "is going to get worse before it gets better," he said. "We are coming into an election year. Election years are usually pretty frenzy. Because of the impeachment, it's going to be more frenzy than most."
The policy was introduced in late 2015, aiming to boost car sales by halving the purchase tax on cars with engines at or below 1.6 liters. Before it expired by the end of last year, the policy was believed to have encouraged millions of people to speed up their purchases, with a large proportion seen in the second half of 2016.
The period between the 19th and the 20th National Congress is the period in which the timeframes of the two centenary goals converge. In this period, not only must we finish building a moderately prosperous society in all respects and achieve the first centenary goal; we must also build on this achievement to embark on a new journey toward the second centenary goal of fully building a modern socialist country.
The popularity of smartphone-summoned rides from services such as Uber and Lyft are playing into the trend, with technology giants investing heavily in self-driving capabilities that could soon see automated vehicles available on-demand.
The police should also keep improving the public's sense of security and satisfaction and create a safe and stable social environment, thus paving the way for the success of the 19th National Congress of the CPC later this year, Xi said.
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The political event is also important as the country aims to secure the goals of building a moderately prosperous society in all respects and shaking off absolute poverty by the end of this year.
The portable micro-projector, "Little Motou" or "magic projector", is round with a 13-centimeter diameter and a 360-gram weight. The projector can output a brightness of 220 lumens.
The permission for foreign housemaids is one of the measures Shanghai has unveiled since July 2015 to attract talented foreigners as it tries to build itself into a global technological innovation hub by 2030.
The pilot zone will be jointly built by the International Cooperation Center of the National Development and Reform Commission, the government of Tonglu county, and Hangzhou Aiwei Life Sciences Co Ltd, he said.