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China's first global mining report was published on Thursday during the ongoing China Mining Conference and Exhibition in Tianjin by a newly set up global mining research center under Ministry of Natural Resources' research institute China Geological Survey.
China's opening-up has evolved into a new phase whereby more focus will be given to aligning domestic rules with world-class international markets, said Wang Yiming, a national political adviser and a senior economist.
China's market for health services is estimated to reach 16 trillion yuan (.4 trillion) by 2030, according to a forecast by the National Health Commission.
China's overall market had fallen since late 2018 and total sales in the first 11 months this year fell 9 percent year-on-year, according to the China Association of Automobile Manufacturers.
China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development. This is a pivotal stage for transforming our growth model, improving our economic structure, and fostering new drivers of growth. It is imperative that we develop a modernized economy. This is both an urgent requirement for getting us smoothly through this critical transition and a strategic goal for China's development. We must put quality first and give priority to performance. We should pursue supply-side structural reform as our main task, and work hard for better quality, higher efficiency, and more robust drivers of economic growth through reform. We need to raise total factor productivity and accelerate the building of an industrial system that promotes coordinated development of the real economy with technological innovation, modern finance, and human resources. We should endeavor to develop an economy with more effective market mechanisms, dynamic micro-entities, and sound macro-regulation. This will steadily strengthen the innovation capacity and competitiveness of China's economy.
