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China's macro policies this year will consist of a prudent monetary policy featuring countercyclical adjustments and strengthened support for private and small businesses, as well as a proactive fiscal policy prioritizing cuts in taxes and fees, authorities said during the ongoing two sessions.
China's economic fundamentals will continue to develop for the better in the long run, Geng said, adding that the country will stick to supply-side reform and actively push for the implementation of various measures to make sure its growth remains at the medium-to-high level.
China's intellectual property-intensive services registered high growth in exports during the first quarter of 2019, data from the ministry show.
China's insurance giant Ping An Group is innovating applications of artificial intelligence, big data and analytics to strengthen various countries in areas like road traffic management, smart cities and agriculture.
China's efforts to invest in new infrastructure at home will increase the resilience of global supply chains. This is because, as one of the most important nodes in the global value chain, China is a critical link in the supply, production and distribution channels of companies across the world, many of which have no physical presence in the Chinese market, he said.
来源：资阳报