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China has thousands of SOEs, but many have stagnated due to a lack of competition. The government is trying to improve their performance through reform, moving toward mixed ownership and market-oriented management to improve efficiency.
China is forecast to pass the United States to become the world's largest civil aviation market by 2022, the International Air Transport Association (IATA) said in its air passenger forecast.
China has set 2020 as the deadline to eradicate poverty. Guizhou lifted 1.2 million people out of poverty in 2017.
China is restructuring Bank of Jinzhou Co Ltd, a troubled city commercial bank, by introducing new investors to deal with its nonperforming loans, improve corporate governance, and prevent the triggering of systemic risk.
China is expected to have 576 million 5G users by 2025, or over 40 percent of the global usage, according to a report released by global consultancy EY.
来源：资阳报