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China needs to strengthen its efforts to boost the private sector in order to keep the economy on the right recovery path, a report by the Asian Development Bank said on Thursday.
China rose to No 43 on the 2018 Global Talent Competitiveness Index this year, from No 54 in 2017. Switzerland led the way in terms of talent competitiveness, followed by Singapore and the United States.
China unveiled on Thursday a long-anticipated easing of foreign investment curbs, including allowing foreign investment in the construction and operation of power grids in the country.
China sold 1.2 million new energy vehicles in 2019 and this is expected to hit 15 million units by 2030.
China said earlier that it was considering a pre-commercial launch of 5G this year, followed by large-scale commercialization in 2020. Miao Wei, minister of industry and information technology, had confirmed at the Boao Forum for Asia, that China will grant 5G licenses this year, but didn't disclose a specific date.
来源：资阳报