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China's producer price index, which gauges factory-gate prices, rose by 6.9 percent year-on-year, unchanged from September.
China's smart logistics market is projected to grow fivefold to 1 trillion yuan (7 billion) by 2025, according to estimates by the China Federation of Logistics and Purchasing.
China's push to carve a niche for itself in global technology leadership has been relentless, claimed Wu Gansha, former director of Intel Labs China, at the 9th CKGSB Young Investors' Forum. Its rise in tech has been spurred by a number of larger tech firms, such as Tencent and Baidu. Now, more and more newly founded startups have joined the world of first-class tech innovation.
China's second major fiscal reform arrived in 2014, through an amendment to the Budget Law of 1994. One of the key outcomes was overhauling budget reporting, including a requirement for central and local authorities to publish four budget accounts. That amendment represented a big step forward in transparency, experts said.
Chinese Premier Li Keqiang attends the fourth RCEP Summit, which is held via video link, at the Great Hall of the People in Beijing, November 15, 2020. [Photo/Xinhua]
来源：资阳报