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But that's not how China is playing it. After years of surging wages, it's no longer the cheapest option to produce low-end products like textiles, forcing some manufacturers to relocate to Bangladesh, Cambodia, Vietnam and elsewhere.

By 2024, 45 percent of repetitive tasks will be automated or enhanced through the use of "digital employees" supported by AI, robotics and robotic process automation, the report predicted.

By 2025, the Yangtze River Delta is to see substantial development and basically realize integration in the science and innovation industry, infrastructure, environment and public services, said the document.

But the New York investment bank believes Boeing will return to profitability; it's unclear when. In midday trading Thursday, Boeing's shares fetched 6.07 each, down .12 or 2.01 percent.

But there have been quite a few external uncertainties, such as cooling global economic growth, turbulent financial markets and fluctuations in commodity prices, said Liu Aihua, an NBS spokeswoman, at a news conference.