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The Nestlé Global Financial Report 2018 showed that growth was mainly attributed to innovations in infant nutrition, coffee and culinary businesses, as well as e-commerce. The coffee business is also playing an increasingly important role in growth.

The NDRC and the Ministry of Industry and Information Technology will be responsible for monitoring the auto industry, the statement said.

The National Development and Reform Commission, the nation's top economic regulator, announced measures earlier this month to boost residents' property income, including stricter punishments for dividend payout violations.

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The NDB previously approved 0 million in nonsovereign loans to Transnet SOC Ltd, a large South African rail, port and pipeline company, to expand Durban's port capacity and a 0 million sovereign-guaranteed loan to Eskom, South Africa's electric public utility, for renewable energy projects. South Africa now has 0 million in loans from the NDB.

The NBC also said in the report that the country's real estate market had increased significantly last year, with 2,636 investment projects, up 14 percent year-on-year. Capital flowing into the sector expanded by 156 percent to about KHR 34,341 billion (.46 billion).

The Ministry of Finance said on Tuesday that companies registered in the Hainan Free Trade Port and operating businesses in areas encouraged by the government can enjoy lower corporate income tax rate of 15 percent, which is lower than the general level of 25 percent for most companies in the country.

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The PSL elected 52 federal representatives in the last elections, becoming the second largest party in the House of Representatives, and four senators.

The Ministry of Foreign Affairs announced a mobile application on Wednesday which will provide consular services to citizens overseas just ahead of the National Day holiday which will witness a peak in the number of Chinese tourists traveling abroad.

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The NHC launched a capacity building and training program for community level talents in 2018, and prepared to establish capacity building platform combining online and offline efforts.

The PBOC believes China will be able to continue stabilizing its macro leverage and gradually push forward structural deleveraging, citing supportive factors such as a quality-oriented economic shift and strengthened financial supervision.