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China is pushing its industries to move toward the medium-high end of the global value chain. In the first ten months of this year, private fixed-asset investment into the manufacturing sector rose 4.1 percent year on year.
China is currently implementing a reform plan for the country's oil and gas industry, eyeing improved efficiency and competitiveness by giving the market a decisive role in the sector, including allowing private companies to take part in upstream oil-gas exploitation, encouraging midstream pipeline owners to split gas sales from pipeline business for more efficient allocation of resources.
China has provided support to the international community within its capacity while ensuring its domestic epidemic control and prevention work, said Jin Junhao, an official with the Civil Aviation Administration of China.
China is in the middle of capacity cuts in the bloated coal and steel sectors. Last year's annual targets to slash steel capacity by around 50 million tons and coal by at least 150 million tons were fulfilled in August and October, respectively.
China has the highest proportion of digital wallet users in the world, according to analysis from UK payment company Merchant Machine. Alipay and its rivals --Tencent’sWeChat Pay and UnionPay’sQuickPass --are all vying to provide the go-to mobile payment platform for Chinese travelers.
来源：资阳报